1, FAIRBURN WAY, WATNALL, NOTTINGHAM, NG16 1GH - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 FAIRBURN WAY is a small detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £402,927. It was last sold for £220,000 in September 2013, which was around 12% above the average September 2013 detached price in the Broxtowe local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

1 FAIRBURN WAY Sold Prices

Land registry data shows three sales for 1 FAIRBURN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 1 FAIRBURN WAY 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
2013 19 SEP	£220,000	£197,250	12% above HPI
2005 30 NOV	£204,000	£192,852	6% above HPI
2001 26 JUN	£145,872	£104,079	40% above HPI

1 FAIRBURN 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 three 1 FAIRBURN WAY sales between June 2001 and September 2013 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 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2013 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 1 FAIRBURN WAY be worth now?

1 FAIRBURN WAY might now be worth an estimated £402,927.

This is based on house price inflation of 83.1%, between September 2013 and March 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 83.1% inflationary increase is applied to the most recent sale price for 1 FAIRBURN WAY of £220,000 on 19th September 2013. For the value to have increased from £220,000 to £402,927 over the twelve years and six months to March 2025, the following assumptions must hold true:

• The value of 1 FAIRBURN WAY has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The September 2013 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FAIRBURN WAY has not materially changed since September 2013.

How Large is 1 FAIRBURN WAY?

1 FAIRBURN WAY is 109m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 40% of detached houses houses in Watnall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watnall, and where 1 FAIRBURN WAY lies on this distribution: 31% of detached houses houses are smaller than 1 FAIRBURN WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Watnall.

1 FAIRBURN WAY: Plot and Title Map

1 FAIRBURN WAY sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 1 FAIRBURN 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 1 FAIRBURN 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 1 FAIRBURN WAY?

1 FAIRBURN WAY is located in WATNALL, in the NG16 postcode district. The below map shows the position of No. 1 on FAIRBURN WAY.