CEDAR WOOD, MILL LANE, ASLOCKTON, NOTTINGHAM, NG13 9AS - £680,000

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

CEDAR WOOD is a very large detached house of 210m², built sometime between 2003 and 2006. It was last sold for £680,000 in October 2022, which was around 45% above the average October 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

CEDAR WOOD Sold Prices

Land registry data shows three sales for CEDAR WOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Two of the three CEDAR WOOD sales were for above the average price, whilst one was 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
2022 31 OCT	£680,000	£469,918	45% above HPI
2005 18 OCT	£440,000	£264,502	66% above HPI
1997 2 MAY	£80,000	£95,734	16% below HPI

CEDAR WOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three CEDAR WOOD sales between May 1997 and October 2022 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 October 2005 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the October 2022 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is CEDAR WOOD?

CEDAR WOOD is 210m² according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Aslockton, based on EPC data. The below chart shows the distribution of detached houses by size in Aslockton, and where CEDAR WOOD lies on this distribution: 91% of detached houses are smaller than CEDAR WOOD, and 9% of houses are larger. Note that EPC data is not available for all properties in Aslockton.

CEDAR WOOD: Plot and Title Map

CEDAR WOOD sits on a plot of roughly 0.236 of an acre, or 955m². The below map shows the location of CEDAR WOOD, 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 CEDAR WOOD). 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 CEDAR WOOD?

CEDAR WOOD is located on MILL LANE in ASLOCKTON, in the NG13 postcode district. The below map shows the position of CEDAR WOOD on MILL LANE.