24, MAGDALENE WAY, HUCKNALL, NOTTINGHAM, NG15 7DJ - £167,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 MAGDALENE WAY is a very small detached house of 50m², built sometime between 1991 and 1995. It was last sold for £167,000 in October 2018, which was around 16% below the average October 2018 detached price in the Ashfield local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

24 MAGDALENE WAY Sold Prices

Land registry data shows two sales for 24 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 24 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
2018 15 OCT	£167,000	£197,940	16% below HPI
1998 24 JUL	£56,500	£59,945	6% below HPI

24 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 24 MAGDALENE WAY sales from July 1998 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 July 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 24 MAGDALENE WAY be worth now?

24 MAGDALENE WAY might now be worth an estimated £229,190.

This is based on house price inflation of 37.2%, between October 2018 and December 2024, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.2% inflationary increase is applied to the most recent sale price for 24 MAGDALENE WAY of £167,000 on 15th October 2018. For the value to have increased from £167,000 to £229,190 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 24 MAGDALENE WAY has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The October 2018 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MAGDALENE WAY has not materially changed since October 2018.

How Large is 24 MAGDALENE WAY?

24 MAGDALENE WAY is 50m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses houses in Hucknall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hucknall, and where 24 MAGDALENE WAY lies on this distribution: 1% of detached houses houses are smaller than 24 MAGDALENE WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Hucknall.

24 MAGDALENE WAY: Plot and Title Map

24 MAGDALENE WAY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 24 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 24 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 24 MAGDALENE WAY?

24 MAGDALENE WAY is located in HUCKNALL, in the NG15 postcode district. The below map shows the position of No. 24 on MAGDALENE WAY.