14, WESTMORLAND WAY, JACKSDALE, NOTTINGHAM, NG16 5LZ - £175,000

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

14 WESTMORLAND WAY is a very small detached house of 51m², built sometime between 1967 and 1975. It was last sold for £175,000 in December 2021, which was around 28% below the average December 2021 detached price in the Ashfield local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

14 WESTMORLAND WAY Sold Prices

Land registry data shows three sales for 14 WESTMORLAND 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 Ashfield local authority area for the corresponding sale date. All of the three 14 WESTMORLAND 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
2021 21 DEC	£175,000	£243,660	28% below HPI
2019 13 JUN	£127,000	£201,344	37% below HPI
1995 25 AUG	£39,000	£52,794	26% below HPI

14 WESTMORLAND WAY 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 three 14 WESTMORLAND WAY sales between August 1995 and December 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 June 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 14 WESTMORLAND WAY?

14 WESTMORLAND WAY is 51m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Jacksdale, based on EPC data. The below chart shows the distribution of detached houses by size in Jacksdale, and where 14 WESTMORLAND WAY lies on this distribution: 6% of detached houses are smaller than 14 WESTMORLAND WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Jacksdale.

14 WESTMORLAND WAY: Plot and Title Map

14 WESTMORLAND WAY sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 14 WESTMORLAND 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 14 WESTMORLAND 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 14 WESTMORLAND WAY?

14 WESTMORLAND WAY is located in JACKSDALE, in the NG16 postcode district. The below map shows the position of No. 14 on WESTMORLAND WAY.