12, SQUIRES WAY, WEST BRIDGFORD, NOTTINGHAM, NG2 7RR - £255,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 SQUIRES WAY is a very small detached house of 63m², built sometime between 1991 and 1995, which could now be worth an estimated £340,390. It was last sold for £255,000 in September 2018, which was around 32% below the average September 2018 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

12 SQUIRES WAY Sold Prices

Land registry data shows three sales for 12 SQUIRES 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 Rushcliffe local authority area for the corresponding sale date. All of the three 12 SQUIRES 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
2018 28 SEP	£255,000	£374,750	32% below HPI
2016 15 SEP	£239,950	£345,552	31% below HPI
2013 30 AUG	£173,500	£287,313	40% below HPI

12 SQUIRES WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 12 SQUIRES WAY sales between August 2013 and September 2018 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 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12 SQUIRES WAY be worth now?

12 SQUIRES WAY might now be worth an estimated £340,390.

This is based on house price inflation of 33.5%, between September 2018 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.5% inflationary increase is applied to the most recent sale price for 12 SQUIRES WAY of £255,000 on 28th September 2018. For the value to have increased from £255,000 to £340,390 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 SQUIRES WAY has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The September 2018 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SQUIRES WAY has not materially changed since September 2018.

How Large is 12 SQUIRES WAY?

12 SQUIRES WAY is 63m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bridgford, and where 12 SQUIRES WAY lies on this distribution: 2% of detached houses houses are smaller than 12 SQUIRES WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

12 SQUIRES WAY: Plot and Title Map

12 SQUIRES WAY sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 12 SQUIRES 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 12 SQUIRES 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 12 SQUIRES WAY?

12 SQUIRES WAY is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 12 on SQUIRES WAY.