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
12 BROAD LANE is a very large extended detached house of 138m², built sometime between 1900 and 1929. It was last sold for £410,000 in August 2022, which was around 20% above the average August 2022 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 12 BROAD LANE since 1st 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. One of the two 12 BROAD LANE sales was for above the average price, whilst the other 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 26 AUG | £410,000 | £341,056 | 20% above HPI |
2012 9 NOV | £150,000 | £189,739 | 21% below HPI |
The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 12 BROAD LANE sales from November 2012 and August 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 November 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.
12 BROAD LANE is 138m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses in Brinsley, based on EPC data. The below chart shows the distribution of detached houses by size in Brinsley, and where 12 BROAD LANE lies on this distribution: 80% of detached houses are smaller than 12 BROAD LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Brinsley.
12 BROAD LANE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 12 BROAD LANE, 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 12 BROAD LANE). 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.
12 BROAD LANE is located in BRINSLEY, in the NG16 postcode district. The below map shows the position of No. 12 on BROAD LANE.