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
5 SUSSEX WAY is a small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £190,000 in September 2007, which was around 1% below the average September 2007 detached price in the Erewash local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 SUSSEX WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. One of the two 5 SUSSEX WAY sales was for below the average price, whilst the other 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 |
---|---|---|---|
2007 3 SEP | £190,000 | £191,335 | 1% below HPI |
2001 11 MAY | £99,950 | £84,056 | 19% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 5 SUSSEX WAY sales from May 2001 and September 2007 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 May 2001 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2007 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
5 SUSSEX WAY is 90m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 5 SUSSEX WAY lies on this distribution: 36% of detached houses are smaller than 5 SUSSEX WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.
5 SUSSEX WAY sits on a plot of roughly 2.6 acres, or 10,720m². The below map shows the location of 5 SUSSEX 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 SUSSEX 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.
5 SUSSEX WAY is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 5 on SUSSEX WAY.