388, VALLEY ROAD, NOTTINGHAM, NG5 1HY - £85,000

388 VALLEY ROAD is a small extended detached house of 92m², built sometime between 1930 and 1949. It was last sold for £85,000 in December 2011, which was around 32% below the average December 2011 detached price in the City of Nottingham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

388 VALLEY ROAD Sold Prices

Land registry data shows four sales for 388 VALLEY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Most of the four 388 VALLEY ROAD 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
2011 13 DEC	£85,000	£125,859	32% below HPI
2006 30 MAY	£225,000	£141,595	59% above HPI
2003 26 SEP	£100,000	£129,737	23% below HPI
2003 18 JUL	£95,000	£127,411	25% below HPI

388 VALLEY ROAD 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 four 388 VALLEY ROAD sales between July 2003 and December 2011 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 May 2006 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the December 2011 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 388 VALLEY ROAD?

388 VALLEY ROAD is 92m², which includes one extension, according to the EPC inspection conducted in July 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 388 VALLEY ROAD lies on this distribution: 36% of detached houses are smaller than 388 VALLEY ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

388 VALLEY ROAD: Plot and Title Map

388 VALLEY ROAD sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 388 VALLEY ROAD, 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 388 VALLEY ROAD). 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 388 VALLEY ROAD?

388 VALLEY ROAD is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 388 on VALLEY ROAD.