18, KINGS ROAD, SANDIACRE, NOTTINGHAM, NG10 5BY - £230,000

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

18 KINGS ROAD is a very small extended detached house of 67m², built sometime between 1967 and 1975. It was last sold for £230,000 in February 2022, which was around 20% below the average February 2022 detached price in the Erewash local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was B.

18 KINGS ROAD Sold Prices

Land registry data shows three sales for 18 KINGS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. One of the three 18 KINGS ROAD sales was for below the average price, whilst two 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
2022 9 FEB	£230,000	£288,399	20% below HPI
1997 24 OCT	£71,000	£67,917	5% above HPI
1996 28 JUN	£66,000	£60,928	8% above HPI

18 KINGS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 18 KINGS ROAD sales between June 1996 and February 2022 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 October 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 18 KINGS ROAD?

18 KINGS ROAD is 67m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 18 KINGS ROAD lies on this distribution: 7% of detached houses are smaller than 18 KINGS ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

18 KINGS ROAD: Plot and Title Map

18 KINGS ROAD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 18 KINGS 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 18 KINGS 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 18 KINGS ROAD?

18 KINGS ROAD is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 18 on KINGS ROAD.