Residents in Ashfield have revealed what life is like in the district with the biggest rise in house prices in Nottinghamshire over the past 20 years. Back in March 2002, the average home in Ashfield was worth £53,437. By the time 2012 hit, the average price had risen to £100,573.
The latest house price data from the Land Registry shows average prices in the area were £185,364 in March this year. That’s a 247% rise in 20 years. In other parts of Nottinghamshire, house prices have also risen rapidly in the past two decades. In Nottingham, the average house price was £61,767 back in March 2002. The data suggests the average house price in Ashfield has risen the most in this period when compared to other parts of the county.
Since then average prices have risen to £99,081 in 2012, and then to £177,187 in March this year, a 187% rise on 20 years before. In Nottinghamshire, prices have risen by 209% in two decades, from £72,394 in 2002 to £223,933 in 2022.
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People in Kirkby in Ashfield told Nottinghamshire Live that the area is a ‘good place to live’ with good transport services and friendly people. Luxman Arumugam, 52, is the owner of Go Local Diamond Convenient Store in Kirkby. He moved to the area a year ago and enjoys living there.
Mr Arugugam said: “It’s a nice place. I’ve lived in this area for one year. It’s a good area and it’s a nice area. We have good customers. Everyone's friendly. Ashfield is calm.”
Leah Birch, who is 36, wasn’t surprised about it rising the most. The hairdresser said: "It’s risen a lot but it’s something you expect. The prices are rising everywhere. I think it is a good area to live in - Mansfield and Nottingham aren’t too far away. You have got good transport links also. It may lack a few things but I like living here. The people I come across are friendly and there’s some good local businesses.”
In Ashfield, a detached home is now £266,989 on average, compared to £80,720 in 2002, while semi-detached homes have risen from £48,607 to £170,379. The average price of a terraced home in March this year was £138,713, compared to £38,086 in 2002, while flats have seen a smaller rise, although they have still seen average prices go from £32,713 to £94,593.
Michael Lound has lived in Ashfield his whole life. He says the area can be boring but has good travel links. The 75-year-old said: “Where I live it’s good. I don’t have a choice [to live here] it was where we were born. It’s a bit dull. I think it needs something so people can come down here where people can sit and talk. Other than that - it has good bus service and good train service.”
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