2, MAIN ROAD, UNDERWOOD, NOTTINGHAM, NG16 5GF - £140,000

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 MAIN ROAD is a small detached house of 86m², built sometime between 1930 and 1949. It was last sold for £140,000 in November 2011, which was around 5% below the average November 2011 detached price in the Ashfield local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

2 MAIN ROAD Sold Prices

Land registry data shows two sales for 2 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. One of the two 2 MAIN ROAD 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
2011 25 NOV	£140,000	£146,784	5% below HPI
2000 18 FEB	£84,500	£63,865	32% above HPI

2 MAIN ROAD 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 two 2 MAIN ROAD sales from February 2000 and November 2011 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 February 2000 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2011 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 MAIN ROAD?

2 MAIN ROAD is 86m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% of detached houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses by size in Underwood, and where 2 MAIN ROAD lies on this distribution: 36% of detached houses are smaller than 2 MAIN ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Underwood.

2 MAIN ROAD: Plot and Title Map

2 MAIN ROAD sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 2 MAIN 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 2 MAIN 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 2 MAIN ROAD?

2 MAIN ROAD is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 2 on MAIN ROAD.