24, MAIN ROAD, WATNALL, NOTTINGHAM, NG16 1HT - £415,000

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

24 MAIN ROAD is a large extended detached house of 148m², built sometime before 1900. It was last sold for £415,000 in May 2020, which was around 54% above the average May 2020 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

24 MAIN ROAD Sold Prices

Land registry data shows three sales for 24 MAIN ROAD 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 24 MAIN 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
2020 22 MAY	£415,000	£269,547	54% above HPI
2007 24 MAY	£325,000	£198,882	63% above HPI
1999 17 MAY	£145,500	£81,161	79% above HPI

24 MAIN 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 three 24 MAIN ROAD sales between May 1999 and May 2020 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 May 2007 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the May 2020 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 24 MAIN ROAD?

24 MAIN ROAD is 148m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 30% of detached houses in Watnall, based on EPC data. The below chart shows the distribution of detached houses by size in Watnall, and where 24 MAIN ROAD lies on this distribution: 78% of detached houses are smaller than 24 MAIN ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Watnall.

24 MAIN ROAD: Plot and Title Map

24 MAIN ROAD sits on a plot of roughly 0.119 of an acre, or 484m². The below map shows the location of 24 MAIN 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 24 MAIN 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 24 MAIN ROAD?

24 MAIN ROAD is located in WATNALL, in the NG16 postcode district. The below map shows the position of No. 24 on MAIN ROAD.