2, ALDER WAY, SUTTON-IN-ASHFIELD, NG17 2GD - £150,000

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

2 ALDER WAY is a small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £150,000 in November 2020, which was around 32% below the average November 2020 detached price in the Ashfield local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

2 ALDER WAY Sold Prices

Land registry data shows three sales for 2 ALDER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. All of the three 2 ALDER WAY sales were 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 20 NOV	£150,000	£219,927	32% below HPI
2007 8 MAY	£145,000	£155,713	7% below HPI
2005 19 AUG	£134,500	£150,380	11% below HPI

2 ALDER WAY 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 three 2 ALDER WAY sales between August 2005 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 May 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 ALDER WAY?

2 ALDER WAY is 80m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Sutton in Ashfield, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton in Ashfield, and where 2 ALDER WAY lies on this distribution: 25% of detached houses are smaller than 2 ALDER WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Sutton in Ashfield.

2 ALDER WAY: Plot and Title Map

2 ALDER WAY sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 2 ALDER 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 2 ALDER 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 2 ALDER WAY?

2 ALDER WAY is located in SUTTON-IN-ASHFIELD, in the NG17 postcode district. The below map shows the position of No. 2 on ALDER WAY.