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 SUSSEX WAY is a midsized detached house of 100m², built sometime between 1983 and 1990. It was last sold for £247,500 in September 2017, which was around 10% above the average September 2017 detached price in the Erewash local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 7 SUSSEX WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Most of the four 7 SUSSEX WAY sales were 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 |
---|---|---|---|
2017 1 SEP | £247,500 | £225,645 | 10% above HPI |
2007 2 MAR | £199,950 | £184,562 | 8% above HPI |
2000 12 JUL | £75,000 | £78,011 | 4% below HPI |
2000 11 FEB | £72,000 | £70,407 | 2% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The four 7 SUSSEX WAY sales between February 2000 and September 2017 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 March 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2017 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.
7 SUSSEX WAY is 100m² according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 7 SUSSEX WAY lies on this distribution: 50% of detached houses are smaller than 7 SUSSEX WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.
7 SUSSEX WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 7 SUSSEX 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 SUSSEX 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.
7 SUSSEX WAY is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 7 on SUSSEX WAY.