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
42 ROYAL OAK DRIVE is a very small detached house of 52m², built sometime between 1967 and 1975. It was last sold for £177,000 in March 2023, which was around 33% below the average March 2023 detached price in the Ashfield local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 42 ROYAL OAK DRIVE since 1st 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. All of the three 42 ROYAL OAK DRIVE 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 29 MAR | £177,000 | £264,049 | 33% below HPI |
2015 30 MAR | £110,000 | £159,124 | 31% below HPI |
1997 27 JUN | £46,500 | £58,098 | 20% below HPI |
The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The three 42 ROYAL OAK DRIVE sales between June 1997 and March 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 March 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
42 ROYAL OAK DRIVE is 52m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses in Selston, based on EPC data. The below chart shows the distribution of detached houses by size in Selston, and where 42 ROYAL OAK DRIVE lies on this distribution: 2% of detached houses are smaller than 42 ROYAL OAK DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Selston.
42 ROYAL OAK DRIVE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 42 ROYAL OAK DRIVE, 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 42 ROYAL OAK DRIVE). 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.
42 ROYAL OAK DRIVE is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 42 on ROYAL OAK DRIVE.