8, LAUREL WAY, BOTTESFORD, NOTTINGHAM, NG13 0FP - £270,000

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

8 LAUREL WAY is a small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £270,000 in May 2023, which was around 26% below the average May 2023 detached price in the Melton local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

8 LAUREL WAY Sold Prices

Land registry data shows four sales for 8 LAUREL 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 Melton local authority area for the corresponding sale date. All of the four 8 LAUREL 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
2023 5 MAY	£270,000	£367,177	26% below HPI
2019 8 MAR	£230,000	£312,079	26% below HPI
1999 24 MAY	£83,500	£93,975	11% below HPI
1999 31 MAR	£89,200	£90,904	2% below HPI

8 LAUREL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The four 8 LAUREL WAY sales between March 1999 and May 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 March 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2023 sale, which was also at 26% below the HPI.

How Large is 8 LAUREL WAY?

8 LAUREL WAY is 88m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Bottesford, based on EPC data. The below chart shows the distribution of detached houses by size in Bottesford, and where 8 LAUREL WAY lies on this distribution: 22% of detached houses are smaller than 8 LAUREL WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Bottesford.

8 LAUREL WAY: Plot and Title Map

8 LAUREL WAY sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 8 LAUREL 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 8 LAUREL 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 8 LAUREL WAY?

8 LAUREL WAY is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 8 on LAUREL WAY.