2, BUCKINGHAM WAY, WATNALL, NOTTINGHAM, NG16 1LD - £165,950

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.

2 BUCKINGHAM WAY is a small extended detached house of 101m², built sometime between 1991 and 1995, which could now be worth an estimated £342,945. It was last sold for £165,950 in November 2003, which was around 4% below the average November 2003 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

2 BUCKINGHAM WAY Sold Prices

Land registry data shows two sales for 2 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 2 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
2003 10 NOV	£165,950	£172,211	4% below HPI
1998 25 SEP	£81,250	£78,776	3% above HPI

2 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 2 BUCKINGHAM WAY sales from September 1998 and November 2003 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 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2003 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 BUCKINGHAM WAY be worth now?

2 BUCKINGHAM WAY might now be worth an estimated £342,945.

This is based on house price inflation of 106.7%, between November 2003 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 106.7% inflationary increase is applied to the most recent sale price for 2 BUCKINGHAM WAY of £165,950 on 10th November 2003. For the value to have increased from £165,950 to £342,945 over the 22 years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 BUCKINGHAM WAY has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The November 2003 sale price of £165,950 represented a fair market value for the property.
• The size, condition, and specification of 2 BUCKINGHAM WAY has not materially changed since November 2003.

How Large is 2 BUCKINGHAM WAY?

2 BUCKINGHAM WAY is 101m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% 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 2 BUCKINGHAM WAY lies on this distribution: 21% of detached houses houses are smaller than 2 BUCKINGHAM WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Watnall.

2 BUCKINGHAM WAY: Plot and Title Map

2 BUCKINGHAM WAY sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 2 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 2 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 2 BUCKINGHAM WAY?

2 BUCKINGHAM WAY is located in WATNALL, in the NG16 postcode district. The below map shows the position of No. 2 on BUCKINGHAM WAY.