1, MORDEN ROAD, GILTBROOK, NOTTINGHAM, NG16 2WA - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MORDEN ROAD is a small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £210,000 in June 2018, which was around 17% below the average June 2018 detached price in the Broxtowe local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

1 MORDEN ROAD Sold Prices

Land registry data shows four sales for 1 MORDEN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the four 1 MORDEN ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 29 JUN	£210,000	£253,571	17% below HPI
2008 2 MAY	£153,000	£196,047	22% below HPI
2001 28 FEB	£67,950	£99,848	32% below HPI
1996 24 MAY	£53,000	£67,911	22% below HPI

1 MORDEN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The four 1 MORDEN ROAD sales between May 1996 and June 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 MORDEN ROAD?

1 MORDEN ROAD is 80m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 1 MORDEN ROAD lies on this distribution: 38% of detached houses are smaller than 1 MORDEN ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

1 MORDEN ROAD: Plot and Title Map

1 MORDEN ROAD sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 1 MORDEN ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 MORDEN ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 MORDEN ROAD?

1 MORDEN ROAD is located in GILTBROOK, in the NG16 postcode district. The below map shows the position of No. 1 on MORDEN ROAD.