ELGON, ABBEY LANE, ASLOCKTON, NOTTINGHAM, NG13 9AE - £422,000

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

ELGON is a small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £422,000 in December 2020, which was around 5% above the average December 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

ELGON Sold Prices

Land registry data shows four sales for ELGON since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Most of the four ELGON 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
2020 4 DEC	£422,000	£400,315	5% above HPI
2014 26 SEP	£242,500	£300,039	19% below HPI
2005 8 APR	£219,950	£252,568	13% below HPI
2003 17 OCT	£190,000	£240,186	21% below HPI

ELGON 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 four ELGON sales between October 2003 and December 2020 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 September 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is ELGON?

ELGON is 87m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses in Aslockton, based on EPC data. The below chart shows the distribution of detached houses by size in Aslockton, and where ELGON lies on this distribution: 27% of detached houses are smaller than ELGON, and 73% of houses are larger. Note that EPC data is not available for all properties in Aslockton.

ELGON: Plot and Title Map

ELGON sits on a plot of roughly 0.197 of an acre, or 799m². The below map shows the location of ELGON, 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 ELGON). 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 ELGON?

ELGON is located on ABBEY LANE in ASLOCKTON, in the NG13 postcode district. The below map shows the position of ELGON on ABBEY LANE.