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
48 WELLINGTON STREET is a very small extended detached house of 80m², built sometime between 1900 and 1929. It was last sold for £100,000 in February 2015, which was around 48% below the average February 2015 detached price in the Erewash local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 48 WELLINGTON STREET since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 48 WELLINGTON STREET 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 |
---|---|---|---|
2015 20 FEB | £100,000 | £190,644 | 48% below HPI |
2003 20 JUN | £76,500 | £142,411 | 46% below HPI |
2002 19 AUG | £28,500 | £113,301 | 75% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 48 WELLINGTON STREET sales between August 2002 and February 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 June 2003 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2015 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
48 WELLINGTON STREET is 80m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Long Eaton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Eaton, and where 48 WELLINGTON STREET lies on this distribution: 18% of detached houses are smaller than 48 WELLINGTON STREET, and 81% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.
48 WELLINGTON STREET sits on a plot of roughly 0.017 of an acre, or 71m². The below map shows the location of 48 WELLINGTON 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 48 WELLINGTON 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.
48 WELLINGTON STREET is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 48 on WELLINGTON STREET.