56, WESTMORLAND WAY, JACKSDALE, NOTTINGHAM, NG16 5LZ - £125,000

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

56 WESTMORLAND WAY is a very small detached house of 51m², built sometime between 1967 and 1975. It was last sold for £125,000 in May 2008, which was around 21% below the average May 2008 detached price in the Ashfield local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

56 WESTMORLAND WAY Sold Prices

Land registry data shows three sales for 56 WESTMORLAND 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 56 WESTMORLAND 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
2008 2 MAY	£125,000	£159,206	21% below HPI
2006 14 JUL	£89,000	£153,143	42% below HPI
1999 28 SEP	£40,500	£64,102	37% below HPI

56 WESTMORLAND 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 56 WESTMORLAND WAY sales between September 1999 and May 2008 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 July 2006 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2008 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 56 WESTMORLAND WAY?

56 WESTMORLAND WAY is 51m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses in Jacksdale, based on EPC data. The below chart shows the distribution of detached houses by size in Jacksdale, and where 56 WESTMORLAND WAY lies on this distribution: 9% of detached houses are smaller than 56 WESTMORLAND WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Jacksdale.

56 WESTMORLAND WAY: Plot and Title Map

56 WESTMORLAND WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 56 WESTMORLAND 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 56 WESTMORLAND 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 56 WESTMORLAND WAY?

56 WESTMORLAND WAY is located in JACKSDALE, in the NG16 postcode district. The below map shows the position of No. 56 on WESTMORLAND WAY.