87A, MAIN ROAD, UNDERWOOD, NOTTINGHAM, NG16 5GP - £562,500

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

87A MAIN ROAD is a very large detached house of 317m², built sometime between 1991 and 1995. It was last sold for £562,500 in April 2017, which was around 200% above the average April 2017 detached price in the Ashfield local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

87A MAIN ROAD Sold Prices

Land registry data shows two sales for 87A MAIN ROAD 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 87A MAIN ROAD 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
2017 11 APR	£562,500	£187,550	200% above HPI
1995 29 NOV	£182,000	£54,968	231% above HPI

87A MAIN ROAD 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 87A MAIN ROAD sales from November 1995 and April 2017 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 1995 sale was for 231% above the HPI. So the extrapolation line tracks at 231% above the HPI over time, until the April 2017 sale, where it falls to 200% above the HPI. The line then continues to track at 200% above the HPI.

How Large is 87A MAIN ROAD?

87A MAIN ROAD is 317m² according to the EPC inspection conducted in July 2016. This puts it in the largest 10% of detached houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses by size in Underwood, and where 87A MAIN ROAD lies on this distribution: More than 99% of detached houses are smaller than 87A MAIN ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Underwood.

87A MAIN ROAD: Plot and Title Map

87A MAIN ROAD sits on a plot of roughly 0.512 of an acre, or 2,070m². The below map shows the location of 87A MAIN ROAD, 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 87A MAIN ROAD). 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 87A MAIN ROAD?

87A MAIN ROAD is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 87A on MAIN ROAD.