22, MAGDALENE WAY, HUCKNALL, NOTTINGHAM, NG15 7DJ - £135,000

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

22 MAGDALENE WAY is a very small detached house of 49m², built sometime between 1983 and 1990. It was last sold for £135,000 in September 2013, which was around 10% below the average September 2013 detached price in the Ashfield local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

22 MAGDALENE WAY Sold Prices

Land registry data shows two sales for 22 MAGDALENE 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 Ashfield local authority area for the corresponding sale date. Both of the two 22 MAGDALENE WAY sales were for below 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
2013 25 SEP	£135,000	£149,434	10% below HPI
2004 20 DEC	£140,000	£146,200	4% below HPI

22 MAGDALENE WAY 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 22 MAGDALENE WAY sales from December 2004 and September 2013 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 December 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2013 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 22 MAGDALENE WAY?

22 MAGDALENE WAY is 49m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Hucknall, based on EPC data. The below chart shows the distribution of detached houses by size in Hucknall, and where 22 MAGDALENE WAY lies on this distribution: 1% of detached houses are smaller than 22 MAGDALENE WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Hucknall.

22 MAGDALENE WAY: Plot and Title Map

22 MAGDALENE WAY sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 22 MAGDALENE 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 22 MAGDALENE 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 22 MAGDALENE WAY?

22 MAGDALENE WAY is located in HUCKNALL, in the NG15 postcode district. The below map shows the position of No. 22 on MAGDALENE WAY.