2C, PALMERSTON STREET, UNDERWOOD, NOTTINGHAM, NG16 5GL - £240,000

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

2C PALMERSTON STREET is a small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £240,000 in June 2022, which was around 6% below the average June 2022 detached price in the Ashfield local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

2C PALMERSTON STREET Sold Prices

Land registry data shows three sales for 2C PALMERSTON STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. All of the three 2C PALMERSTON STREET 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
2022 24 JUN	£240,000	£256,635	6% below HPI
2018 14 MAR	£173,500	£193,851	10% below HPI
2002 29 NOV	£97,950	£101,698	4% below HPI

2C PALMERSTON STREET 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 three 2C PALMERSTON STREET sales between November 2002 and June 2022 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 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2C PALMERSTON STREET?

2C PALMERSTON STREET is 80m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of detached houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses by size in Underwood, and where 2C PALMERSTON STREET lies on this distribution: 30% of detached houses are smaller than 2C PALMERSTON STREET, and 70% of houses are larger. Note that EPC data is not available for all properties in Underwood.

2C PALMERSTON STREET: Plot and Title Map

2C PALMERSTON STREET sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2C PALMERSTON STREET, 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 2C PALMERSTON STREET). 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 2C PALMERSTON STREET?

2C PALMERSTON STREET is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 2C on PALMERSTON STREET.