7, BISHOPS WAY, HUCKNALL, NOTTINGHAM, NG15 8DP - £240,000

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

7 BISHOPS WAY is a small extended detached house of 88m², built sometime between 1983 and 1990. It was last sold for £240,000 in January 2018, which was around 26% above the average January 2018 detached price in the Ashfield local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

7 BISHOPS WAY Sold Prices

Land registry data shows two sales for 7 BISHOPS 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 Ashfield local authority area for the corresponding sale date. One of the two 7 BISHOPS WAY sales was for above the average price, whilst the other was 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
2018 26 JAN	£240,000	£190,502	26% above HPI
1998 30 JAN	£45,500	£59,434	23% below HPI

7 BISHOPS 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 two 7 BISHOPS WAY sales from January 1998 and January 2018 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 January 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2018 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 7 BISHOPS WAY?

7 BISHOPS WAY is 88m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of detached houses in Hucknall, based on EPC data. The below chart shows the distribution of detached houses by size in Hucknall, and where 7 BISHOPS WAY lies on this distribution: 26% of detached houses are smaller than 7 BISHOPS WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Hucknall.

7 BISHOPS WAY: Plot and Title Map

7 BISHOPS WAY sits on a plot of roughly 0.237 of an acre, or 959m². The below map shows the location of 7 BISHOPS 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 7 BISHOPS 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 7 BISHOPS WAY?

7 BISHOPS WAY is located in HUCKNALL, in the NG15 postcode district. The below map shows the position of No. 7 on BISHOPS WAY.