12, BUCKINGHAM WAY, WATNALL, NOTTINGHAM, NG16 1LD - £300,000

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.

12 BUCKINGHAM WAY is a very small extended detached house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £330,070. It was last sold for £300,000 in March 2022, which was around 7% below the average March 2022 detached price in the Broxtowe local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

12 BUCKINGHAM WAY Sold Prices

Land registry data shows two sales for 12 BUCKINGHAM 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 Broxtowe local authority area for the corresponding sale date. One of the two 12 BUCKINGHAM WAY 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
2022 3 MAR	£300,000	£323,462	7% below HPI
1996 28 JUN	£82,950	£69,431	19% above HPI

12 BUCKINGHAM 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 two 12 BUCKINGHAM WAY sales from June 1996 and March 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 June 1996 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 12 BUCKINGHAM WAY be worth now?

12 BUCKINGHAM WAY might now be worth an estimated £330,070.

This is based on house price inflation of 10%, between March 2022 and February 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 10% inflationary increase is applied to the most recent sale price for 12 BUCKINGHAM WAY of £300,000 on 3rd March 2022. For the value to have increased from £300,000 to £330,070 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 12 BUCKINGHAM WAY has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The March 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BUCKINGHAM WAY has not materially changed since March 2022.

How Large is 12 BUCKINGHAM WAY?

12 BUCKINGHAM WAY is 86m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% 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 12 BUCKINGHAM WAY lies on this distribution: 13% of detached houses houses are smaller than 12 BUCKINGHAM WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Watnall.

12 BUCKINGHAM WAY: Plot and Title Map

12 BUCKINGHAM WAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 12 BUCKINGHAM 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 12 BUCKINGHAM 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 12 BUCKINGHAM WAY?

12 BUCKINGHAM WAY is located in WATNALL, in the NG16 postcode district. The below map shows the position of No. 12 on BUCKINGHAM WAY.