Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 NEW STREET is a very large detached house of 151m², built sometime from 2007 onwards. It was last sold for £485,000 in May 2017, which was around 122% above the average May 2017 detached price in the Erewash local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was A.
Land registry data shows four sales for 1 NEW STREET since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 1 NEW STREET sales were for above 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 |
---|---|---|---|
2017 5 MAY | £485,000 | £218,273 | 122% above HPI |
2009 11 NOV | £285,000 | £168,796 | 69% above HPI |
2001 16 JUL | £96,600 | £89,252 | 8% above HPI |
1996 24 APR | £77,000 | £60,587 | 27% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The four 1 NEW STREET sales between April 1996 and May 2017 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 November 2009 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the May 2017 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.
1 NEW STREET is 151m² according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 1 NEW STREET lies on this distribution: 82% of detached houses are smaller than 1 NEW STREET, and 18% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.
1 NEW STREET sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 1 NEW STREET, 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 NEW STREET). 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.
1 NEW STREET is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 1 on NEW STREET.