4, BUCKINGHAM WAY, WATNALL, NOTTINGHAM, NG16 1LD - £345,000

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.

4 BUCKINGHAM WAY is a very large detached house of 172m², built sometime between 1996 and 2002, which could now be worth an estimated £544,196. It was last sold for £345,000 in May 2016, which was around 53% above the average May 2016 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was C.

4 BUCKINGHAM WAY Sold Prices

Land registry data shows four sales for 4 BUCKINGHAM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the four 4 BUCKINGHAM 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
2016 12 MAY	£345,000	£225,617	53% above HPI
2010 4 NOV	£273,000	£195,573	40% above HPI
2003 1 AUG	£225,000	£178,487	26% above HPI
1998 23 APR	£131,000	£76,488	71% above HPI

4 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 four 4 BUCKINGHAM WAY sales between April 1998 and May 2016 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 2010 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the May 2016 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 4 BUCKINGHAM WAY be worth now?

4 BUCKINGHAM WAY might now be worth an estimated £544,196.

This is based on house price inflation of 57.7%, between May 2016 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 57.7% inflationary increase is applied to the most recent sale price for 4 BUCKINGHAM WAY of £345,000 on 12th May 2016. For the value to have increased from £345,000 to £544,196 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 4 BUCKINGHAM WAY has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The May 2016 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BUCKINGHAM WAY has not materially changed since May 2016.

How Large is 4 BUCKINGHAM WAY?

4 BUCKINGHAM WAY is 172m² according to the EPC inspection conducted in August 2015. This puts it in the largest 10% 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 4 BUCKINGHAM WAY lies on this distribution: 89% of detached houses houses are smaller than 4 BUCKINGHAM WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Watnall.

4 BUCKINGHAM WAY: Plot and Title Map

4 BUCKINGHAM WAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 4 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 4 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 4 BUCKINGHAM WAY?

4 BUCKINGHAM WAY is located in WATNALL, in the NG16 postcode district. The below map shows the position of No. 4 on BUCKINGHAM WAY.