119, MAIN ROAD, UNDERWOOD, NOTTINGHAM, NG16 5GQ - £420,000

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

119 MAIN ROAD is a very large extended detached house of 163m², built sometime between 1930 and 1949. It was last sold for £420,000 in June 2021, which was around 85% above the average June 2021 detached price in the Ashfield local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

119 MAIN ROAD Sold Prices

Land registry data shows two sales for 119 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. Both of the two 119 MAIN ROAD 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
2021 29 JUN	£420,000	£227,173	85% above HPI
2016 2 NOV	£369,000	£183,735	101% above HPI

119 MAIN ROAD 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 two 119 MAIN ROAD sales from November 2016 and June 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 November 2016 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the June 2021 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is 119 MAIN ROAD?

119 MAIN ROAD is 163m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses by size in Underwood, and where 119 MAIN ROAD lies on this distribution: 87% of detached houses are smaller than 119 MAIN ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Underwood.

119 MAIN ROAD: Plot and Title Map

119 MAIN ROAD sits on a plot of roughly 0.210 of an acre, or 850m². The below map shows the location of 119 MAIN 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 119 MAIN 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 119 MAIN ROAD?

119 MAIN ROAD is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 119 on MAIN ROAD.