2, PARK ROAD, BRAMCOTE, NOTTINGHAM, NG9 3LA - £301,500

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 PARK ROAD is a small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £301,500 in January 2021, which was around 4% above the average January 2021 detached price in the Broxtowe local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was E.

2 PARK ROAD Sold Prices

Land registry data shows four sales for 2 PARK ROAD since 1^st 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. Most of the four 2 PARK ROAD 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
2021 22 JAN	£301,500	£289,328	4% above HPI
2012 23 MAR	£188,500	£184,368	2% above HPI
2008 3 OCT	£175,000	£192,386	9% below HPI
2002 12 SEP	£147,950	£143,243	3% above HPI

2 PARK ROAD 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 four 2 PARK ROAD sales between September 2002 and January 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 March 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 PARK ROAD?

2 PARK ROAD is 99m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 40% of detached houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston, and where 2 PARK ROAD lies on this distribution: 37% of detached houses are smaller than 2 PARK ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Beeston.

2 PARK ROAD: Plot and Title Map

2 PARK ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 PARK 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 PARK 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 PARK ROAD?

2 PARK ROAD is located in BRAMCOTE, in the NG9 postcode district. The below map shows the position of No. 2 on PARK ROAD.