40, CORBIERE AVENUE, WATNALL, NOTTINGHAM, NG16 1JR - £165,000

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

40 CORBIERE AVENUE is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £165,000 in August 2023, which was around 53% below the average August 2023 detached price in the Broxtowe local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

40 CORBIERE AVENUE Sold Prices

Land registry data shows three sales for 40 CORBIERE AVENUE 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 40 CORBIERE AVENUE 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
2023 30 AUG	£165,000	£349,876	53% below HPI
2006 15 DEC	£121,000	£202,231	40% below HPI
2002 17 MAY	£81,950	£124,367	34% below HPI

40 CORBIERE AVENUE 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 40 CORBIERE AVENUE sales between May 2002 and August 2023 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 December 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2023 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 40 CORBIERE AVENUE?

40 CORBIERE AVENUE is 62m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Watnall, based on EPC data. The below chart shows the distribution of detached houses by size in Watnall, and where 40 CORBIERE AVENUE lies on this distribution: 1% of detached houses are smaller than 40 CORBIERE AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Watnall.

40 CORBIERE AVENUE: Plot and Title Map

40 CORBIERE AVENUE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 40 CORBIERE AVENUE, 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 CORBIERE AVENUE). 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 CORBIERE AVENUE?

40 CORBIERE AVENUE is located in WATNALL, in the NG16 postcode district. The below map shows the position of No. 40 on CORBIERE AVENUE.