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
2 BROADLANDS is a large extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £376,000 in September 2021, which was around 39% above the average September 2021 detached price in the Erewash local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 2 BROADLANDS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 2 BROADLANDS 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 |
---|---|---|---|
2021 23 SEP | £376,000 | £270,020 | 39% above HPI |
2019 23 OCT | £299,000 | £238,025 | 26% above HPI |
2007 5 SEP | £220,000 | £191,335 | 15% above HPI |
2003 29 JUL | £185,000 | £144,407 | 28% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The four 2 BROADLANDS sales between July 2003 and September 2021 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 2019 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2021 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.
2 BROADLANDS is 116m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 2 BROADLANDS lies on this distribution: 69% of detached houses are smaller than 2 BROADLANDS, and 31% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.
2 BROADLANDS sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 2 BROADLANDS, 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 BROADLANDS). 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.
2 BROADLANDS is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 2 on BROADLANDS.