38, PALMERSTON STREET, WESTWOOD, NOTTINGHAM, NG16 5JA - £262,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 PALMERSTON STREET is a large detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £269,200. It was last sold for £262,000 in May 2024, which was around 1% above the average May 2024 detached price in the Ashfield local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

38 PALMERSTON STREET Sold Prices

Land registry data shows three sales for 38 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. One of the three 38 PALMERSTON STREET sales was for above the average price, whilst two 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 7 MAY	£262,000	£260,090	1% above HPI
2009 25 SEP	£135,000	£141,358	4% below HPI
2002 1 OCT	£89,950	£94,428	5% below HPI

38 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 38 PALMERSTON STREET sales between October 2002 and May 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 September 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2024 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 38 PALMERSTON STREET be worth now?

38 PALMERSTON STREET might now be worth an estimated £269,200.

This is based on house price inflation of 2.7%, between May 2024 and February 2025, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.7% inflationary increase is applied to the most recent sale price for 38 PALMERSTON STREET of £262,000 on 7th May 2024. For the value to have increased from £262,000 to £269,200 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 38 PALMERSTON STREET has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The May 2024 sale price of £262,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PALMERSTON STREET has not materially changed since May 2024.

How Large is 38 PALMERSTON STREET?

38 PALMERSTON STREET is 108m² according to the EPC inspection conducted in June 2014. This puts it in the largest 30% of detached houses houses in Westwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westwood, and where 38 PALMERSTON STREET lies on this distribution: 73% of detached houses houses are smaller than 38 PALMERSTON STREET, and 27% of houses are larger. Note that EPC data is not available for all properties in Westwood.

38 PALMERSTON STREET: Plot and Title Map

38 PALMERSTON STREET sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 38 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 38 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 38 PALMERSTON STREET?

38 PALMERSTON STREET is located in WESTWOOD, in the NG16 postcode district. The below map shows the position of No. 38 on PALMERSTON STREET.