1, THE RISE, NOTTINGHAM, NG5 4BA - £240,000

1 THE RISE is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £240,000 in December 2018, which was around 2% below the average December 2018 detached price in the City of Nottingham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was B.

1 THE RISE Sold Prices

Land registry data shows two sales for 1 THE RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. One of the two 1 THE RISE 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
2018 20 DEC	£240,000	£244,863	2% below HPI
2006 16 AUG	£175,000	£146,168	20% above HPI

1 THE RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 1 THE RISE sales from August 2006 and December 2018 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 August 2006 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 1 THE RISE?

1 THE RISE is 94m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 1 THE RISE lies on this distribution: 39% of detached houses are smaller than 1 THE RISE, and 59% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

1 THE RISE: Plot and Title Map

1 THE RISE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 1 THE RISE, 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 1 THE RISE). 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 1 THE RISE?

1 THE RISE is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 1 on THE RISE.