15, NEEDWOOD AVENUE, TROWELL, NOTTINGHAM, NG9 3RJ - £149,950

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

15 NEEDWOOD AVENUE is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £149,950 in March 2008, which was around 26% below the average March 2008 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

15 NEEDWOOD AVENUE Sold Prices

Land registry data shows two sales for 15 NEEDWOOD AVENUE since 1^st 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. Both of the two 15 NEEDWOOD AVENUE 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
2008 20 MAR	£149,950	£202,225	26% below HPI
2002 31 MAY	£99,950	£124,367	20% below HPI

15 NEEDWOOD AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 15 NEEDWOOD AVENUE sales from May 2002 and March 2008 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 May 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2008 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 15 NEEDWOOD AVENUE?

15 NEEDWOOD AVENUE is 73m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Trowell, based on EPC data. The below chart shows the distribution of detached houses by size in Trowell, and where 15 NEEDWOOD AVENUE lies on this distribution: 12% of detached houses are smaller than 15 NEEDWOOD AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Trowell.

15 NEEDWOOD AVENUE: Plot and Title Map

15 NEEDWOOD AVENUE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 15 NEEDWOOD 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 NEEDWOOD 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 NEEDWOOD AVENUE?

15 NEEDWOOD AVENUE is located in TROWELL, in the NG9 postcode district. The below map shows the position of No. 15 on NEEDWOOD AVENUE.