40A, PALMERSTON STREET, WESTWOOD, NOTTINGHAM, NG16 5JA - £187,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40A PALMERSTON STREET is a large detached house of 118m², built sometime between 1996 and 2002. It was last sold for £187,000 in July 2020, which was around 12% below the average July 2020 detached price in the Ashfield local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

40A PALMERSTON STREET Sold Prices

Land registry data shows three sales for 40A 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. Two of the three 40A PALMERSTON STREET sales were for below the average price, whilst one was 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
2020 8 JUL	£187,000	£211,932	12% below HPI
2017 23 MAR	£151,000	£181,449	17% below HPI
2000 26 OCT	£70,950	£67,451	5% above HPI

40A 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 40A PALMERSTON STREET sales between October 2000 and July 2020 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 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 40A PALMERSTON STREET?

40A PALMERSTON STREET is 118m² according to the EPC inspection conducted in July 2016. This puts it in the largest 30% of detached houses in Westwood, based on EPC data. The below chart shows the distribution of detached houses by size in Westwood, and where 40A PALMERSTON STREET lies on this distribution: 79% of detached houses are smaller than 40A PALMERSTON STREET, and 21% of houses are larger. Note that EPC data is not available for all properties in Westwood.

40A PALMERSTON STREET: Plot and Title Map

40A PALMERSTON STREET sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 40A 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 40A 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 40A PALMERSTON STREET?

40A PALMERSTON STREET is located in WESTWOOD, in the NG16 postcode district. The below map shows the position of No. 40A on PALMERSTON STREET.