2, NIMBUS WAY, WATNALL, NOTTINGHAM, NG16 1FP - £338,000

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 NIMBUS WAY is a large detached house of 146m², built sometime between 2003 and 2006. It was last sold for £338,000 in August 2015, which was around 56% above the average August 2015 detached price in the Broxtowe local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

2 NIMBUS WAY Sold Prices

Land registry data shows two sales for 2 NIMBUS 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. Both of the two 2 NIMBUS 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 14 AUG	£338,000	£216,827	56% above HPI
2003 13 MAR	£219,995	£162,218	36% above HPI

2 NIMBUS 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 NIMBUS WAY sales from March 2003 and August 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 March 2003 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2015 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 2 NIMBUS WAY?

2 NIMBUS WAY is 146m² according to the EPC inspection conducted in May 2015. This puts it in the largest 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 NIMBUS WAY lies on this distribution: 76% of detached houses are smaller than 2 NIMBUS WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Watnall.

2 NIMBUS WAY: Plot and Title Map

2 NIMBUS WAY sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 2 NIMBUS 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 NIMBUS 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 NIMBUS WAY?

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