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
7 BROOMHILL ROAD is a midsized extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £300,000 in August 2023, which was around 14% below the average August 2023 detached price in the Broxtowe local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 7 BROOMHILL ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the four 7 BROOMHILL ROAD 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 |
---|---|---|---|
2023 3 AUG | £300,000 | £349,894 | 14% below HPI |
2018 26 JAN | £220,000 | £241,732 | 9% below HPI |
2002 15 NOV | £119,250 | £145,481 | 18% below HPI |
1997 28 FEB | £62,850 | £71,357 | 12% below HPI |
The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The four 7 BROOMHILL ROAD sales between February 1997 and August 2023 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 2018 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
7 BROOMHILL ROAD is 94m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the smallest 50% of detached houses in Kimberley, based on EPC data. The below chart shows the distribution of detached houses by size in Kimberley, and where 7 BROOMHILL ROAD lies on this distribution: 44% of detached houses are smaller than 7 BROOMHILL ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Kimberley.
7 BROOMHILL ROAD sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 7 BROOMHILL ROAD, 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 BROOMHILL ROAD). 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.
7 BROOMHILL ROAD is located in KIMBERLEY, in the NG16 postcode district. The below map shows the position of No. 7 on BROOMHILL ROAD.