1, THE NOOK, KNOWLE LANE, KIMBERLEY, NOTTINGHAM, NG16 2QA - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE NOOK is a very large extended detached house of 176m², built sometime between 1900 and 1929, which could now be worth an estimated £533,704. It was last sold for £265,000 in February 2004, which was around 50% above the average February 2004 detached price in the Broxtowe local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

1 THE NOOK Sold Prices

Land registry data shows two sales for 1 THE NOOK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 1 THE NOOK 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
2004 5 FEB	£265,000	£176,707	50% above HPI
1999 17 DEC	£155,000	£87,234	78% above HPI

1 THE NOOK 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 two 1 THE NOOK sales from December 1999 and February 2004 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 December 1999 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the February 2004 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 1 THE NOOK be worth now?

1 THE NOOK might now be worth an estimated £533,704.

This is based on house price inflation of 101.4%, between February 2004 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 101.4% inflationary increase is applied to the most recent sale price for 1 THE NOOK of £265,000 on 5th February 2004. For the value to have increased from £265,000 to £533,704 over the 21 years to February 2025, the following assumptions must hold true:

• The value of 1 THE NOOK has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The February 2004 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE NOOK has not materially changed since February 2004.

How Large is 1 THE NOOK?

1 THE NOOK is 176m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 20% of detached houses houses in Swingate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swingate, and where 1 THE NOOK lies on this distribution: 90% of detached houses houses are smaller than 1 THE NOOK, and 10% of houses are larger. Note that EPC data is not available for all properties in Swingate.

1 THE NOOK: Plot and Title Map

1 THE NOOK sits on a plot of roughly 0.332 of an acre, or 1,342m². The below map shows the location of 1 THE NOOK, 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 THE NOOK). 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 THE NOOK?

1 THE NOOK is located on KNOWLE LANE in KIMBERLEY, in the NG16 postcode district. The below map shows the position of 1 THE NOOK on KNOWLE LANE.