8, WOODLAND WAY, EASTWOOD, NOTTINGHAM, NG16 3BU - £130,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

8 WOODLAND WAY is a very small detached house of 62m², built sometime between 1976 and 1982. It was last sold for £130,000 in August 2014, which was around 35% below the average August 2014 detached price in the Broxtowe local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

8 WOODLAND WAY Sold Prices

Land registry data shows four sales for 8 WOODLAND 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 Broxtowe local authority area for the corresponding sale date. All of the four 8 WOODLAND 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
2014 22 AUG	£130,000	£199,508	35% below HPI
2006 6 NOV	£159,000	£197,734	20% below HPI
2002 22 FEB	£83,950	£116,108	28% below HPI
1997 15 SEP	£43,500	£75,913	43% below HPI

8 WOODLAND WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The four 8 WOODLAND WAY sales between September 1997 and August 2014 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 November 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 8 WOODLAND WAY?

8 WOODLAND WAY is 62m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 8 WOODLAND WAY lies on this distribution: 13% of detached houses are smaller than 8 WOODLAND WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

8 WOODLAND WAY: Plot and Title Map

8 WOODLAND WAY sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 8 WOODLAND 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 WOODLAND 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 WOODLAND WAY?

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