REDLANDS, FACKLEY ROAD, TEVERSAL, SUTTON-IN-ASHFIELD, NG17 3HL - £135,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

REDLANDS is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £135,000 in February 2012, which was around 6% below the average February 2012 detached price in the Ashfield local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

REDLANDS Sold Prices

Land registry data shows two sales for REDLANDS 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. One of the two REDLANDS sales was for below the average price, whilst the other was 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
2012 15 FEB	£135,000	£143,958	6% below HPI
2005 2 NOV	£178,500	£155,624	15% above HPI

REDLANDS 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 REDLANDS sales from November 2005 and February 2012 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 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is REDLANDS?

REDLANDS is 110m², which includes three extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses in Stanton Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Stanton Hill, and where REDLANDS lies on this distribution: 52% of detached houses are smaller than REDLANDS, and 48% of houses are larger. Note that EPC data is not available for all properties in Stanton Hill.

REDLANDS: Plot and Title Map

REDLANDS sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of REDLANDS, 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 REDLANDS). 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 REDLANDS?

REDLANDS is located on FACKLEY ROAD in TEVERSAL, in the NG17 postcode district. The below map shows the position of REDLANDS on FACKLEY ROAD.