1, PARKHAM ROAD, KIMBERLEY, NOTTINGHAM, NG16 2JY - £308,800

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 PARKHAM ROAD is a large extended detached house of 110m², built sometime between 1930 and 1949, which could now be worth an estimated £333,685. It was last sold for £308,800 in May 2022, which was around 6% below the average May 2022 detached price in the Broxtowe local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

1 PARKHAM ROAD Sold Prices

Land registry data shows four sales for 1 PARKHAM 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 PARKHAM 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
2022 12 MAY	£308,800	£329,343	6% below HPI
2017 8 FEB	£198,000	£235,849	16% below HPI
2012 31 AUG	£159,950	£191,805	17% below HPI
2006 25 JAN	£176,950	£196,817	10% below HPI

1 PARKHAM 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 PARKHAM ROAD sales between January 2006 and May 2022 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 February 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 1 PARKHAM ROAD be worth now?

1 PARKHAM ROAD might now be worth an estimated £333,685.

This is based on house price inflation of 8.1%, between May 2022 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.1% inflationary increase is applied to the most recent sale price for 1 PARKHAM ROAD of £308,800 on 12th May 2022. For the value to have increased from £308,800 to £333,685 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 1 PARKHAM ROAD has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The May 2022 sale price of £308,800 represented a fair market value for the property.
• The size, condition, and specification of 1 PARKHAM ROAD has not materially changed since May 2022.

How Large is 1 PARKHAM ROAD?

1 PARKHAM ROAD is 110m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses houses in Kimberley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kimberley, and where 1 PARKHAM ROAD lies on this distribution: 63% of detached houses houses are smaller than 1 PARKHAM ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Kimberley.

1 PARKHAM ROAD: Plot and Title Map

1 PARKHAM ROAD sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 1 PARKHAM 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 PARKHAM 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 PARKHAM ROAD?

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