16, MAIN ROAD, UNDERWOOD, NOTTINGHAM, NG16 5GF - £261,000

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

16 MAIN ROAD is a small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £261,000 in November 2020, which was around 19% above the average November 2020 detached price in the Ashfield local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

16 MAIN ROAD Sold Prices

Land registry data shows two sales for 16 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. One of the two 16 MAIN ROAD sales was for above the average price, whilst the other was 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
2020 12 NOV	£261,000	£219,927	19% above HPI
2011 24 JUN	£127,000	£143,909	12% below HPI

16 MAIN ROAD 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 two 16 MAIN ROAD sales from June 2011 and November 2020 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 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 16 MAIN ROAD?

16 MAIN ROAD is 83m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses by size in Underwood, and where 16 MAIN ROAD lies on this distribution: 32% of detached houses are smaller than 16 MAIN ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Underwood.

16 MAIN ROAD: Plot and Title Map

16 MAIN ROAD sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 16 MAIN ROAD, 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 MAIN ROAD). 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 MAIN ROAD?

16 MAIN ROAD is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 16 on MAIN ROAD.