2, BUCKINGHAM WAY, WATNALL, NOTTINGHAM, NG16 1LD - £165,950

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 BUCKINGHAM WAY is a small extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £165,950 in November 2003, which was around 3% below the average November 2003 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

2 BUCKINGHAM WAY Sold Prices

Land registry data shows two sales for 2 BUCKINGHAM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. One of the two 2 BUCKINGHAM WAY sales was for below the average price, whilst the other 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
2003 10 NOV	£165,950	£170,240	3% below HPI
1998 25 SEP	£81,250	£77,875	4% above HPI

2 BUCKINGHAM WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 2 BUCKINGHAM WAY sales from September 1998 and November 2003 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 September 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2003 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 BUCKINGHAM WAY?

2 BUCKINGHAM WAY is 101m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses in Watnall, based on EPC data. The below chart shows the distribution of detached houses by size in Watnall, and where 2 BUCKINGHAM WAY lies on this distribution: 21% of detached houses are smaller than 2 BUCKINGHAM WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Watnall.

2 BUCKINGHAM WAY: Plot and Title Map

2 BUCKINGHAM WAY sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 2 BUCKINGHAM 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 BUCKINGHAM 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 BUCKINGHAM WAY?

2 BUCKINGHAM WAY is located in WATNALL, in the NG16 postcode district. The below map shows the position of No. 2 on BUCKINGHAM WAY.