23, NEEDWOOD AVENUE, TROWELL, NOTTINGHAM, NG9 3RJ - £225,000

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

23 NEEDWOOD AVENUE is a large detached house of 108m², built sometime between 1983 and 1990. It was last sold for £225,000 in October 2018, which was around 13% below the average October 2018 detached price in the Broxtowe local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

23 NEEDWOOD AVENUE Sold Prices

Land registry data shows three sales for 23 NEEDWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 23 NEEDWOOD AVENUE 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
2018 19 OCT	£225,000	£259,723	13% below HPI
2012 24 AUG	£185,000	£189,610	2% below HPI
2003 17 JAN	£135,000	£152,542	11% below HPI

23 NEEDWOOD AVENUE 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 three 23 NEEDWOOD AVENUE sales between January 2003 and October 2018 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 August 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 23 NEEDWOOD AVENUE?

23 NEEDWOOD AVENUE is 108m² according to the EPC inspection conducted in November 2008. This puts it in the largest 30% of detached houses in Trowell, based on EPC data. The below chart shows the distribution of detached houses by size in Trowell, and where 23 NEEDWOOD AVENUE lies on this distribution: 75% of detached houses are smaller than 23 NEEDWOOD AVENUE, and 25% of houses are larger. Note that EPC data is not available for all properties in Trowell.

23 NEEDWOOD AVENUE: Plot and Title Map

23 NEEDWOOD AVENUE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 23 NEEDWOOD AVENUE, 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 23 NEEDWOOD AVENUE). 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 23 NEEDWOOD AVENUE?

23 NEEDWOOD AVENUE is located in TROWELL, in the NG9 postcode district. The below map shows the position of No. 23 on NEEDWOOD AVENUE.