28, LAUREL WAY, BOTTESFORD, NOTTINGHAM, NG13 0FP - £260,000

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

28 LAUREL WAY is a small extended detached house of 94m², built sometime between 1991 and 1995, which could now be worth an estimated £340,273. It was last sold for £260,000 in June 2017, which was around 15% below the average June 2017 detached price in the Melton local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

28 LAUREL WAY Sold Prices

Land registry data shows four sales for 28 LAUREL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 28 LAUREL 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
2017 30 JUN	£260,000	£305,310	15% below HPI
2017 27 MAR	£270,000	£310,072	13% below HPI
2007 2 FEB	£219,950	£256,692	14% below HPI
2001 15 JUN	£109,000	£129,478	16% below HPI

28 LAUREL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The four 28 LAUREL WAY sales between June 2001 and June 2017 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 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 28 LAUREL WAY be worth now?

28 LAUREL WAY might now be worth an estimated £340,273.

This is based on house price inflation of 30.9%, between June 2017 and February 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.9% inflationary increase is applied to the most recent sale price for 28 LAUREL WAY of £260,000 on 30th June 2017. For the value to have increased from £260,000 to £340,273 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 28 LAUREL WAY has moved in line with the HPI for detached houses in the Melton local authority area.
• The June 2017 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 28 LAUREL WAY has not materially changed since June 2017.

How Large is 28 LAUREL WAY?

28 LAUREL WAY is 94m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses houses in Bottesford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bottesford, and where 28 LAUREL WAY lies on this distribution: 27% of detached houses houses are smaller than 28 LAUREL WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Bottesford.

28 LAUREL WAY: Plot and Title Map

28 LAUREL WAY sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 28 LAUREL 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 28 LAUREL 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 28 LAUREL WAY?

28 LAUREL WAY is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 28 on LAUREL WAY.