4, NEW TERRACE, SANDIACRE, NOTTINGHAM, NG10 5PU - £170,000

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

4 NEW TERRACE is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £170,000 in August 2019, which was around 29% below the average August 2019 detached price in the Erewash local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

4 NEW TERRACE Sold Prices

Land registry data shows two sales for 4 NEW TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 4 NEW TERRACE 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
2019 16 AUG	£170,000	£238,103	29% below HPI
2015 29 MAY	£140,000	£194,667	28% below HPI

4 NEW TERRACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 4 NEW TERRACE sales from May 2015 and August 2019 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 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 4 NEW TERRACE?

4 NEW TERRACE is 63m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 4 NEW TERRACE lies on this distribution: 4% of detached houses are smaller than 4 NEW TERRACE, and 96% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

4 NEW TERRACE: Plot and Title Map

4 NEW TERRACE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 4 NEW TERRACE, 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 4 NEW TERRACE). 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 4 NEW TERRACE?

4 NEW TERRACE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 4 on NEW TERRACE.