7, WESTMORLAND WAY, JACKSDALE, NOTTINGHAM, NG16 5LY - £170,000

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 WESTMORLAND WAY is a very small extended detached house of 58m², built sometime between 1976 and 1982. It was last sold for £170,000 in October 2022, which was around 38% below the average October 2022 detached price in the Ashfield local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

7 WESTMORLAND WAY Sold Prices

Land registry data shows four sales for 7 WESTMORLAND WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. All of the four 7 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
2022 28 OCT	£170,000	£272,540	38% below HPI
2017 11 SEP	£136,000	£189,261	28% below HPI
2007 30 MAR	£123,000	£159,954	23% below HPI
2001 13 FEB	£56,500	£69,736	19% below HPI

7 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 four 7 WESTMORLAND WAY sales between February 2001 and October 2022 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 September 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 7 WESTMORLAND WAY?

7 WESTMORLAND WAY is 58m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% of detached houses in Jacksdale, based on EPC data. The below chart shows the distribution of detached houses by size in Jacksdale, and where 7 WESTMORLAND WAY lies on this distribution: 13% of detached houses are smaller than 7 WESTMORLAND WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Jacksdale.

7 WESTMORLAND WAY: Plot and Title Map

7 WESTMORLAND WAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 7 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 7 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 7 WESTMORLAND WAY?

7 WESTMORLAND WAY is located in JACKSDALE, in the NG16 postcode district. The below map shows the position of No. 7 on WESTMORLAND WAY.