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
45 SEARBY ROAD is a very large extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £285,000 in May 2019, which was around 42% above the average May 2019 detached price in the Ashfield local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 45 SEARBY ROAD 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. Two of the three 45 SEARBY ROAD sales were for above the average price, whilst one was 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 24 MAY | £285,000 | £201,008 | 42% above HPI |
2012 30 NOV | £156,000 | £145,172 | 7% above HPI |
1997 8 JAN | £47,000 | £53,988 | 13% 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 45 SEARBY ROAD sales between January 1997 and May 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 November 2012 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2019 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.
45 SEARBY ROAD is 125m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses in Sutton in Ashfield, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton in Ashfield, and where 45 SEARBY ROAD lies on this distribution: 81% of detached houses are smaller than 45 SEARBY ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Sutton in Ashfield.
45 SEARBY ROAD sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of 45 SEARBY ROAD, 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 45 SEARBY ROAD). 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.
45 SEARBY ROAD is located in SUTTON-IN-ASHFIELD, in the NG17 postcode district. The below map shows the position of No. 45 on SEARBY ROAD.