15, STUDLAND WAY, WEST BRIDGFORD, NOTTINGHAM, NG2 7TS - £335,000

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

15 STUDLAND WAY is a small extended detached house of 95m², built sometime between 2003 and 2006. It was last sold for £335,000 in March 2021, which was around 20% below the average March 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

15 STUDLAND WAY Sold Prices

Land registry data shows three sales for 15 STUDLAND 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 15 STUDLAND 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 23 MAR	£335,000	£417,162	20% below HPI
2001 15 JUN	£139,950	£158,301	12% below HPI
1998 17 APR	£94,000	£102,838	9% below HPI

15 STUDLAND 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 15 STUDLAND WAY sales between April 1998 and March 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 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 15 STUDLAND WAY?

15 STUDLAND WAY is 95m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 30% of detached houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses by size in West Bridgford, and where 15 STUDLAND WAY lies on this distribution: 22% of detached houses are smaller than 15 STUDLAND WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

15 STUDLAND WAY: Plot and Title Map

15 STUDLAND WAY sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 15 STUDLAND 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 15 STUDLAND 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 15 STUDLAND WAY?

15 STUDLAND WAY is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 15 on STUDLAND WAY.