51, MAGENTA WAY, STOKE BARDOLPH, NOTTINGHAM, NG14 5HH - £355,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

51 MAGENTA WAY is a large detached house of 115m², which could now be worth an estimated £368,206. It was last sold for £355,000 in November 2022, which was around 2% below the average November 2022 detached price in the Gedling local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

51 MAGENTA WAY Sold Prices

Land registry data shows two sales for 51 MAGENTA WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. One of the two 51 MAGENTA 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
2022 8 NOV	£355,000	£360,518	2% below HPI
2019 21 JUN	£274,995	£267,644	3% above HPI

51 MAGENTA WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 51 MAGENTA WAY sales from June 2019 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 June 2019 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 51 MAGENTA WAY be worth now?

51 MAGENTA WAY might now be worth an estimated £368,206.

This is based on house price inflation of 3.7%, between November 2022 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% inflationary increase is applied to the most recent sale price for 51 MAGENTA WAY of £355,000 on 8th November 2022. For the value to have increased from £355,000 to £368,206 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 51 MAGENTA WAY has moved in line with the HPI for detached houses in the Gedling local authority area.
• The November 2022 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 51 MAGENTA WAY has not materially changed since November 2022.

How Large is 51 MAGENTA WAY?

51 MAGENTA WAY is 115m² according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 51 MAGENTA WAY lies on this distribution: 69% of detached houses houses are smaller than 51 MAGENTA WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Carlton.

51 MAGENTA WAY: Plot and Title Map

51 MAGENTA WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 51 MAGENTA 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 51 MAGENTA 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 51 MAGENTA WAY?

51 MAGENTA WAY is located in STOKE BARDOLPH, in the NG14 postcode district. The below map shows the position of No. 51 on MAGENTA WAY.