3, STANNIER WAY, WATNALL, NOTTINGHAM, NG16 1GL - £382,000

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.

3 STANNIER WAY is a small extended detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £390,421. It was last sold for £382,000 in August 2024, which was around 10% above the average August 2024 detached price in the Broxtowe local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

3 STANNIER WAY Sold Prices

Land registry data shows two sales for 3 STANNIER 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. Both of the two 3 STANNIER 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
2024 27 AUG	£382,000	£348,208	10% above HPI
2002 27 MAR	£168,950	£122,779	38% above HPI

3 STANNIER 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 3 STANNIER WAY sales from March 2002 and August 2024 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 2002 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2024 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 3 STANNIER WAY be worth now?

3 STANNIER WAY might now be worth an estimated £390,421.

This is based on house price inflation of 2.2%, between August 2024 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 2.2% inflationary increase is applied to the most recent sale price for 3 STANNIER WAY of £382,000 on 27th August 2024. For the value to have increased from £382,000 to £390,421 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 3 STANNIER WAY has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The August 2024 sale price of £382,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STANNIER WAY has not materially changed since August 2024.

How Large is 3 STANNIER WAY?

3 STANNIER WAY is 110m², which includes one extension, according to the EPC inspection conducted in October 2023. 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 3 STANNIER WAY lies on this distribution: 33% of detached houses houses are smaller than 3 STANNIER WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Watnall.

3 STANNIER WAY: Plot and Title Map

3 STANNIER WAY sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 3 STANNIER 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 3 STANNIER 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 3 STANNIER WAY?

3 STANNIER WAY is located in WATNALL, in the NG16 postcode district. The below map shows the position of No. 3 on STANNIER WAY.