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 OSTERLEY GROVE is a large detached house of 143m², built sometime between 1983 and 1990. It was last sold for £230,000 in February 2021, which was around 22% below the average February 2021 detached price in the Broxtowe local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 2 OSTERLEY GROVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. two of the four 2 OSTERLEY GROVE sales were for below the average price, and four 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 1 FEB | £230,000 | £294,963 | 22% below HPI |
2014 21 JUL | £213,500 | £199,049 | 7% above HPI |
2009 8 DEC | £190,000 | £182,378 | 4% above HPI |
2007 26 OCT | £180,000 | £211,390 | 15% below HPI |
The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The four 2 OSTERLEY GROVE sales between October 2007 and February 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 July 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
2 OSTERLEY GROVE is 143m² according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses in Nuthall, based on EPC data. The below chart shows the distribution of detached houses by size in Nuthall, and where 2 OSTERLEY GROVE lies on this distribution: 79% of detached houses are smaller than 2 OSTERLEY GROVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Nuthall.
2 OSTERLEY GROVE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 2 OSTERLEY GROVE, 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 OSTERLEY GROVE). 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 OSTERLEY GROVE is located in NUTHALL, in the NG16 postcode district. The below map shows the position of No. 2 on OSTERLEY GROVE.