40, BISHOPS WAY, HUCKNALL, NOTTINGHAM, NG15 8DP - £110,000

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.

40 BISHOPS WAY is a very small semi-detached house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £182,639. It was last sold for £110,000 in July 2015, which was around 2% above the average July 2015 semi-detached price in the Ashfield local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

40 BISHOPS WAY Sold Prices

Land registry data shows five sales for 40 BISHOPS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Ashfield local authority area for the corresponding sale date. All of the five 40 BISHOPS 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
2015 10 JUL	£110,000	£108,181	2% above HPI
2007 19 JAN	£112,950	£108,614	4% above HPI
2004 24 SEP	£100,000	£96,985	3% above HPI
2001 31 AUG	£57,950	£45,358	28% above HPI
1999 22 OCT	£47,000	£38,630	22% above HPI

40 BISHOPS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ashfield local authority area over time, sourced from the HPI. The five 40 BISHOPS WAY sales between October 1999 and July 2015 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 January 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2015 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 40 BISHOPS WAY be worth now?

40 BISHOPS WAY might now be worth an estimated £182,639.

This is based on house price inflation of 66%, between July 2015 and February 2025, for semi-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 66% inflationary increase is applied to the most recent sale price for 40 BISHOPS WAY of £110,000 on 10th July 2015. For the value to have increased from £110,000 to £182,639 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 40 BISHOPS WAY has moved in line with the HPI for semi-detached houses in the Ashfield local authority area.
• The July 2015 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 40 BISHOPS WAY has not materially changed since July 2015.

How Large is 40 BISHOPS WAY?

40 BISHOPS WAY is 55m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of semi-detached houses houses in Hucknall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hucknall, and where 40 BISHOPS WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 40 BISHOPS WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Hucknall.

40 BISHOPS WAY: Plot and Title Map

40 BISHOPS WAY sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 40 BISHOPS 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 40 BISHOPS 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 40 BISHOPS WAY?

40 BISHOPS WAY is located in HUCKNALL, in the NG15 postcode district. The below map shows the position of No. 40 on BISHOPS WAY.