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
162 BROAD LANE is a very large extended detached house of 171m², built sometime between 1930 and 1949. It was last sold for £295,000 in July 2015, which was around 39% above the average July 2015 detached price in the Broxtowe local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 162 BROAD LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Most of the four 162 BROAD LANE 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 |
---|---|---|---|
2015 23 JUL | £295,000 | £212,734 | 39% above HPI |
2014 21 MAY | £290,000 | £193,022 | 50% above HPI |
2013 1 FEB | £285,000 | £187,707 | 52% above HPI |
2009 17 JUL | £125,000 | £176,147 | 29% below HPI |
The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The four 162 BROAD LANE sales between July 2009 and July 2015 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 2014 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2015 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.
162 BROAD LANE is 171m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 20% of detached houses in Brinsley, based on EPC data. The below chart shows the distribution of detached houses by size in Brinsley, and where 162 BROAD LANE lies on this distribution: 90% of detached houses are smaller than 162 BROAD LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Brinsley.
162 BROAD LANE sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of 162 BROAD LANE, 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 162 BROAD LANE). 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.
162 BROAD LANE is located in BRINSLEY, in the NG16 postcode district. The below map shows the position of No. 162 on BROAD LANE.