Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
31 PARK ROAD is a large extended detached house of 153m², built sometime between 1976 and 1982. It was last sold for £420,500 in September 2022, which was around 11% below the average September 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows six sales for 31 PARK ROAD since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the six 31 PARK ROAD 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 8 SEP | £420,500 | £470,106 | 11% below HPI |
2020 14 FEB | £315,000 | £386,622 | 19% below HPI |
2009 10 JUL | £210,000 | £250,372 | 16% below HPI |
2003 16 SEP | £168,750 | £238,978 | 29% below HPI |
2003 13 AUG | £67,750 | £235,246 | 71% below HPI |
1999 22 NOV | £96,950 | £121,315 | 20% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The six 31 PARK ROAD sales between November 1999 and September 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 February 2020 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.
31 PARK ROAD is 153m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of detached houses in Barnstone, based on EPC data. The below chart shows the distribution of detached houses by size in Barnstone, and where 31 PARK ROAD lies on this distribution: 72% of detached houses are smaller than 31 PARK ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Barnstone.
31 PARK ROAD sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 31 PARK 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 31 PARK 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.
31 PARK ROAD is located in BARNSTONE, in the NG13 postcode district. The below map shows the position of No. 31 on PARK ROAD.