1, FARM ROAD, ARNOLD, NOTTINGHAM, NG5 7JY - £177,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FARM ROAD is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £177,000 in May 2015, which was around 17% below the average May 2015 detached price in the Gedling local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

1 FARM ROAD Sold Prices

Land registry data shows three sales for 1 FARM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 1 FARM 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
2015 22 MAY	£177,000	£214,104	17% below HPI
2012 28 JUN	£150,000	£184,879	19% below HPI
2003 26 SEP	£165,000	£174,152	5% below HPI

1 FARM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 1 FARM ROAD sales between September 2003 and May 2015 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 June 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2015 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 FARM ROAD?

1 FARM ROAD is 80m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 1 FARM ROAD lies on this distribution: 16% of detached houses are smaller than 1 FARM ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Arnold.

1 FARM ROAD: Plot and Title Map

1 FARM ROAD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 1 FARM 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 1 FARM 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 1 FARM ROAD?

1 FARM ROAD is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 1 on FARM ROAD.