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 STUDLAND WAY is a very large extended detached house of 172m², built sometime between 1991 and 1995. It was last sold for £586,000 in May 2022, which was around 31% above the average May 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 STUDLAND WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Two of the three 1 STUDLAND WAY sales were for above the average price, whilst one was 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 17 MAY | £586,000 | £446,276 | 31% above HPI |
2014 17 APR | £350,000 | £283,131 | 24% above HPI |
1999 9 JUL | £97,500 | £114,445 | 15% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 1 STUDLAND WAY sales between July 1999 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 April 2014 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2022 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.
1 STUDLAND WAY is 172m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses by size in West Bridgford, and where 1 STUDLAND WAY lies on this distribution: 85% of detached houses are smaller than 1 STUDLAND WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.
1 STUDLAND WAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 1 STUDLAND 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 STUDLAND 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.
1 STUDLAND WAY is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 1 on STUDLAND WAY.