1, VERDEN WAY, NOTTINGHAM, NG8 6BB - £305,000

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 VERDEN WAY is a small detached house of 89m², which could now be worth an estimated £382,537. It was last sold for £305,000 in November 2020, which was around 16% above the average November 2020 detached price in the City of Nottingham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

1 VERDEN WAY Sold Prices

Land registry data shows two sales for 1 VERDEN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 1 VERDEN 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
2020 19 NOV	£305,000	£263,680	16% above HPI
2019 28 MAR	£274,995	£235,484	17% above HPI

1 VERDEN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 1 VERDEN WAY sales from March 2019 and November 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 March 2019 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2020 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 1 VERDEN WAY be worth now?

1 VERDEN WAY might now be worth an estimated £382,537.

This is based on house price inflation of 25.4%, between November 2020 and July 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.4% inflationary increase is applied to the most recent sale price for 1 VERDEN WAY of £305,000 on 19th November 2020. For the value to have increased from £305,000 to £382,537 over the five years and four months to July 2025, the following assumptions must hold true:

• The value of 1 VERDEN WAY has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The November 2020 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 1 VERDEN WAY has not materially changed since November 2020.

How Large is 1 VERDEN WAY?

1 VERDEN WAY is 89m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 1 VERDEN WAY lies on this distribution: 31% of detached houses houses are smaller than 1 VERDEN WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

1 VERDEN WAY: Plot and Title Map

1 VERDEN WAY sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 1 VERDEN 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 VERDEN 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 VERDEN WAY?

1 VERDEN WAY is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 1 on VERDEN WAY.