7, STANNIER WAY, WATNALL, NOTTINGHAM, NG16 1GL - £126,745

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.

7 STANNIER WAY is a very small detached house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £231,348. It was last sold for £126,745 in June 2005, which was around 35% below the average June 2005 detached price in the Broxtowe local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

7 STANNIER WAY Sold Prices

Land registry data shows three sales for 7 STANNIER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 7 STANNIER WAY sales were for below 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
2005 24 JUN	£126,745	£194,973	35% below HPI
2003 17 OCT	£109,950	£172,883	36% below HPI
2000 23 JUN	£79,640	£92,841	14% below HPI

7 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 three 7 STANNIER WAY sales between June 2000 and June 2005 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 October 2003 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2005 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 7 STANNIER WAY be worth now?

7 STANNIER WAY might now be worth an estimated £231,348.

This is based on house price inflation of 82.5%, between June 2005 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 82.5% inflationary increase is applied to the most recent sale price for 7 STANNIER WAY of £126,745 on 24th June 2005. For the value to have increased from £126,745 to £231,348 over the twenty years and four months to February 2025, the following assumptions must hold true:

• The value of 7 STANNIER WAY has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The June 2005 sale price of £126,745 represented a fair market value for the property.
• The size, condition, and specification of 7 STANNIER WAY has not materially changed since June 2005.

How Large is 7 STANNIER WAY?

7 STANNIER WAY is 59m² according to the EPC inspection conducted in November 2024. This puts it in the smallest 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 7 STANNIER WAY lies on this distribution: 1% of detached houses houses are smaller than 7 STANNIER WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Watnall.

7 STANNIER WAY: Plot and Title Map

7 STANNIER WAY sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 7 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 7 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 7 STANNIER WAY?

7 STANNIER WAY is located in WATNALL, in the NG16 postcode district. The below map shows the position of No. 7 on STANNIER WAY.