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
8 ELM AVENUE is a very small extended detached house of 77m², built sometime between 1900 and 1929. It was last sold for £525,000 in August 2023, which was around 50% above the average August 2023 detached price in the Broxtowe local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 8 ELM AVENUE 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. Most of the four 8 ELM AVENUE 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 |
---|---|---|---|
2023 1 AUG | £525,000 | £349,894 | 50% above HPI |
2010 26 FEB | £380,000 | £188,732 | 101% above HPI |
2010 17 FEB | £150,000 | £188,732 | 21% below HPI |
1997 31 DEC | £91,500 | £76,493 | 20% above HPI |
The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The four 8 ELM AVENUE sales between December 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 February 2010 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the August 2023 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.
8 ELM AVENUE is 77m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston, and where 8 ELM AVENUE lies on this distribution: 13% of detached houses are smaller than 8 ELM AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Beeston.
8 ELM AVENUE sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of 8 ELM AVENUE, 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 8 ELM AVENUE). 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.
8 ELM AVENUE is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 8 on ELM AVENUE.