8, WESTMORLAND WAY, JACKSDALE, NOTTINGHAM, NG16 5LZ - £115,000

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 WESTMORLAND WAY is a very small extended detached house of 61m², built sometime between 1950 and 1966. It was last sold for £115,000 in October 2013, which was around 24% below the average October 2013 detached price in the Ashfield local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was B.

8 WESTMORLAND WAY Sold Prices

Land registry data shows two sales for 8 WESTMORLAND WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. Both of the two 8 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
2013 25 OCT	£115,000	£150,455	24% below HPI
2007 23 JUL	£143,000	£155,739	8% below HPI

8 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 two 8 WESTMORLAND WAY sales from July 2007 and October 2013 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 July 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2013 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 8 WESTMORLAND WAY?

8 WESTMORLAND WAY is 61m², which includes one extension, according to the EPC inspection conducted in January 2013. 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 8 WESTMORLAND WAY lies on this distribution: 18% of detached houses are smaller than 8 WESTMORLAND WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Jacksdale.

8 WESTMORLAND WAY: Plot and Title Map

8 WESTMORLAND WAY sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 8 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 8 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 8 WESTMORLAND WAY?

8 WESTMORLAND WAY is located in JACKSDALE, in the NG16 postcode district. The below map shows the position of No. 8 on WESTMORLAND WAY.