16, CHACELEY WAY, NOTTINGHAM, NG11 7EE - £232,500

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

16 CHACELEY WAY is a small extended detached house of 97m², built sometime between 1976 and 1982. It was last sold for £232,500 in June 2018, which was about the average June 2018 detached price in the City of Nottingham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

16 CHACELEY WAY Sold Prices

Land registry data shows four sales for 16 CHACELEY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. The four 16 CHACELEY WAY sales were a mix of roughly equal to the average price, and 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
2018 15 JUN	£232,500	£231,806	Close to HPI
2018 31 MAY	£245,000	£230,505	6% above HPI
2014 16 JUN	£190,500	£137,786	38% above HPI
2007 31 JUL	£165,000	£143,223	15% above HPI

16 CHACELEY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four 16 CHACELEY WAY sales between July 2007 and June 2018 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 2018 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 16 CHACELEY WAY?

16 CHACELEY WAY is 97m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses in Wilford, based on EPC data. The below chart shows the distribution of detached houses by size in Wilford, and where 16 CHACELEY WAY lies on this distribution: 36% of detached houses are smaller than 16 CHACELEY WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Wilford.

16 CHACELEY WAY: Plot and Title Map

16 CHACELEY WAY sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 16 CHACELEY 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 16 CHACELEY 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 16 CHACELEY WAY?

16 CHACELEY WAY is located in NOTTINGHAM, in the NG11 postcode district. The below map shows the position of No. 16 on CHACELEY WAY.