15, FAIRVIEW AVENUE, UNDERWOOD, NOTTINGHAM, NG16 5GD - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 FAIRVIEW AVENUE is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £240,000 in September 2021, which was around 1% above the average September 2021 detached price in the Ashfield local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

15 FAIRVIEW AVENUE Sold Prices

Land registry data shows four sales for 15 FAIRVIEW AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. Most of the four 15 FAIRVIEW AVENUE 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 17 SEP	£240,000	£238,057	1% above HPI
2007 15 JUN	£149,950	£156,428	4% below HPI
2001 4 MAY	£73,000	£70,641	3% above HPI
2000 26 MAY	£66,950	£64,864	3% above HPI

15 FAIRVIEW AVENUE 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 four 15 FAIRVIEW AVENUE sales between May 2000 and September 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 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 15 FAIRVIEW AVENUE?

15 FAIRVIEW AVENUE is 71m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 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 15 FAIRVIEW AVENUE lies on this distribution: 16% of detached houses are smaller than 15 FAIRVIEW AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Underwood.

15 FAIRVIEW AVENUE: Plot and Title Map

15 FAIRVIEW AVENUE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 15 FAIRVIEW AVENUE, 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 15 FAIRVIEW AVENUE). 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 15 FAIRVIEW AVENUE?

15 FAIRVIEW AVENUE is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 15 on FAIRVIEW AVENUE.