53, SHERWOOD WAY, SELSTON, NOTTINGHAM, NG16 6PY - £119,000

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

53 SHERWOOD WAY is a very small detached house of 52m², built sometime between 1967 and 1975. It was last sold for £119,000 in November 2016, which was around 35% below the average November 2016 detached price in the Ashfield local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

53 SHERWOOD WAY Sold Prices

Land registry data shows three sales for 53 SHERWOOD 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 Ashfield local authority area for the corresponding sale date. All of the three 53 SHERWOOD 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
2016 11 NOV	£119,000	£183,735	35% below HPI
2015 11 JUN	£93,000	£164,351	43% below HPI
1998 8 JAN	£40,250	£59,434	32% below HPI

53 SHERWOOD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The three 53 SHERWOOD WAY sales between January 1998 and November 2016 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 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2016 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 53 SHERWOOD WAY?

53 SHERWOOD WAY is 52m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Selston, based on EPC data. The below chart shows the distribution of detached houses by size in Selston, and where 53 SHERWOOD WAY lies on this distribution: 2% of detached houses are smaller than 53 SHERWOOD WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Selston.

53 SHERWOOD WAY: Plot and Title Map

53 SHERWOOD WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 53 SHERWOOD 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 53 SHERWOOD 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 53 SHERWOOD WAY?

53 SHERWOOD WAY is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 53 on SHERWOOD WAY.