1, SHERWOOD WAY, SELSTON, NOTTINGHAM, NG16 6PY - £175,000

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 SHERWOOD WAY is a very small detached house of 52m², built sometime between 1967 and 1975. It was last sold for £175,000 in July 2021, which was around 23% below the average July 2021 detached price in the Ashfield local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

1 SHERWOOD WAY Sold Prices

Land registry data shows three sales for 1 SHERWOOD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. All of the three 1 SHERWOOD WAY 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
2021 16 JUL	£175,000	£227,648	23% below HPI
2004 30 SEP	£129,000	£148,906	13% below HPI
1998 31 JUL	£39,000	£60,029	35% below HPI

1 SHERWOOD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The three 1 SHERWOOD WAY sales between July 1998 and July 2021 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 September 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 SHERWOOD WAY?

1 SHERWOOD WAY is 52m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Selston, based on EPC data. The below chart shows the distribution of detached houses by size in Selston, and where 1 SHERWOOD WAY lies on this distribution: 2% of detached houses are smaller than 1 SHERWOOD WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Selston.

1 SHERWOOD WAY: Plot and Title Map

1 SHERWOOD WAY sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 1 SHERWOOD WAY, 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 SHERWOOD WAY). 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 SHERWOOD WAY?

1 SHERWOOD WAY is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 1 on SHERWOOD WAY.