5, STUDLAND WAY, WEST BRIDGFORD, NOTTINGHAM, NG2 7TS - £453,000

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

5 STUDLAND WAY is a small extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £453,000 in November 2022, which was around 3% below the average November 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

5 STUDLAND WAY Sold Prices

Land registry data shows three sales for 5 STUDLAND WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 5 STUDLAND WAY 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
2022 11 NOV	£453,000	£468,997	3% below HPI
2002 25 OCT	£163,750	£199,855	18% below HPI
1995 29 NOV	£76,000	£89,173	15% below HPI

5 STUDLAND WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 5 STUDLAND WAY sales between November 1995 and November 2022 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 October 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 5 STUDLAND WAY?

5 STUDLAND WAY is 109m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses by size in West Bridgford, and where 5 STUDLAND WAY lies on this distribution: 36% of detached houses are smaller than 5 STUDLAND WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

5 STUDLAND WAY: Plot and Title Map

5 STUDLAND WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 5 STUDLAND WAY, 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 5 STUDLAND WAY). 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 5 STUDLAND WAY?

5 STUDLAND WAY is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 5 on STUDLAND WAY.