38, ALFRETON ROAD, UNDERWOOD, NOTTINGHAM, NG16 5GB - £182,500

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

38 ALFRETON ROAD is a large extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £182,500 in June 2024, which was around 32% below the average June 2024 detached price in the Ashfield local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

38 ALFRETON ROAD Sold Prices

Land registry data shows three sales for 38 ALFRETON 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 Ashfield local authority area for the corresponding sale date. All of the three 38 ALFRETON 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
2024 13 JUN	£182,500	£268,336	32% below HPI
2009 29 MAY	£126,000	£135,661	7% below HPI
2001 16 FEB	£39,500	£69,736	43% below HPI

38 ALFRETON ROAD 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 38 ALFRETON ROAD sales between February 2001 and June 2024 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 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 38 ALFRETON ROAD?

38 ALFRETON ROAD is 120m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 40% of detached houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses by size in Underwood, and where 38 ALFRETON ROAD lies on this distribution: 60% of detached houses are smaller than 38 ALFRETON ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Underwood.

38 ALFRETON ROAD: Plot and Title Map

38 ALFRETON ROAD sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 38 ALFRETON 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 38 ALFRETON 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 38 ALFRETON ROAD?

38 ALFRETON ROAD is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 38 on ALFRETON ROAD.