2, LAUREL WAY, BOTTESFORD, NOTTINGHAM, NG13 0FP - £275,000

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

2 LAUREL WAY is a large detached house of 128m², built sometime between 1983 and 1990. It was last sold for £275,000 in July 2015, which was around 3% above the average July 2015 detached price in the Melton local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

2 LAUREL WAY Sold Prices

Land registry data shows four sales for 2 LAUREL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Most of the four 2 LAUREL WAY 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
2015 6 JUL	£275,000	£266,236	3% above HPI
2014 24 JAN	£240,000	£235,011	2% above HPI
2007 20 SEP	£240,000	£265,194	10% below HPI
1997 30 MAY	£93,500	£84,579	11% above HPI

2 LAUREL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The four 2 LAUREL WAY sales between May 1997 and July 2015 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 2014 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2015 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 LAUREL WAY?

2 LAUREL WAY is 128m² according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses in Bottesford, based on EPC data. The below chart shows the distribution of detached houses by size in Bottesford, and where 2 LAUREL WAY lies on this distribution: 67% of detached houses are smaller than 2 LAUREL WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Bottesford.

2 LAUREL WAY: Plot and Title Map

2 LAUREL WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 2 LAUREL 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 LAUREL 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 LAUREL WAY?

2 LAUREL WAY is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 2 on LAUREL WAY.