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
172 BROAD LANE is a large extended detached house of 108m², built sometime between 1900 and 1929. It was last sold for £322,000 in May 2023, which was around 6% below the average May 2023 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 172 BROAD LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Two of the three 172 BROAD LANE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2023 19 MAY | £322,000 | £342,028 | 6% below HPI |
2018 5 JAN | £232,500 | £241,732 | 4% below HPI |
2013 10 MAY | £222,500 | £185,438 | 20% above HPI |
The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 172 BROAD LANE sales between May 2013 and May 2023 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 January 2018 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
172 BROAD LANE is 108m², which includes three extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of detached houses in Brinsley, based on EPC data. The below chart shows the distribution of detached houses by size in Brinsley, and where 172 BROAD LANE lies on this distribution: 64% of detached houses are smaller than 172 BROAD LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Brinsley.
172 BROAD LANE sits on a plot of roughly 0.205 of an acre, or 828m². The below map shows the location of 172 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 172 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.
172 BROAD LANE is located in BRINSLEY, in the NG16 postcode district. The below map shows the position of No. 172 on BROAD LANE.