38, ERDINGTON WAY, TOTON, NOTTINGHAM, NG9 6JY - £315,000

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

38 ERDINGTON WAY is a midsized extended detached house of 112m², built sometime between 1991 and 1995. It was last sold for £315,000 in February 2018, which was around 25% above the average February 2018 detached price in the Broxtowe local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

38 ERDINGTON WAY Sold Prices

Land registry data shows three sales for 38 ERDINGTON WAY 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 38 ERDINGTON WAY 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
2018 2 FEB	£315,000	£251,963	25% above HPI
2014 28 MAR	£240,000	£186,088	29% above HPI
2005 24 JUN	£230,000	£192,742	19% above HPI

38 ERDINGTON WAY 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 38 ERDINGTON WAY sales between June 2005 and February 2018 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 2014 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2018 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 38 ERDINGTON WAY?

38 ERDINGTON WAY is 112m², which includes two extensions, according to the EPC inspection conducted in July 2024. This puts it in the largest 50% of detached houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston, and where 38 ERDINGTON WAY lies on this distribution: 52% of detached houses are smaller than 38 ERDINGTON WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Beeston.

38 ERDINGTON WAY: Plot and Title Map

38 ERDINGTON WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 38 ERDINGTON 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 38 ERDINGTON 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 38 ERDINGTON WAY?

38 ERDINGTON WAY is located in TOTON, in the NG9 postcode district. The below map shows the position of No. 38 on ERDINGTON WAY.