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
131 MAIN STREET is a midsized extended detached house of 142m², built sometime between 1996 and 2002. It was last sold for £519,950 in December 2023, which was around 45% above the average December 2023 detached price in the Gedling local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 131 MAIN STREET since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the five 131 MAIN STREET 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 |
---|---|---|---|
2023 11 DEC | £519,950 | £358,824 | 45% above HPI |
2018 16 JUL | £326,400 | £259,572 | 26% above HPI |
2011 25 NOV | £240,000 | £187,806 | 28% above HPI |
2008 25 JUN | £275,000 | £198,260 | 39% above HPI |
1997 31 JAN | £112,000 | £75,027 | 49% above HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The five 131 MAIN STREET sales between January 1997 and December 2023 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 July 2018 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2023 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.
131 MAIN STREET is 142m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 50% of detached houses in Woodborough, based on EPC data. The below chart shows the distribution of detached houses by size in Woodborough, and where 131 MAIN STREET lies on this distribution: 50% of detached houses are smaller than 131 MAIN STREET, and 49% of houses are larger. Note that EPC data is not available for all properties in Woodborough.
131 MAIN STREET sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 131 MAIN STREET, 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 131 MAIN STREET). 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.
131 MAIN STREET is located in WOODBOROUGH, in the NG14 postcode district. The below map shows the position of No. 131 on MAIN STREET.