1, PHILIP AVENUE, EASTWOOD, NOTTINGHAM, NG16 3HA - £147,000

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.

1 PHILIP AVENUE is a small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £259,816. It was last sold for £147,000 in July 2014, which was around 27% below the average July 2014 detached price in the Broxtowe local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

1 PHILIP AVENUE Sold Prices

Land registry data shows three sales for 1 PHILIP AVENUE 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 1 PHILIP AVENUE 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
2014 23 JUL	£147,000	£201,354	27% below HPI
2008 22 AUG	£145,000	£198,430	27% below HPI
1999 6 JAN	£59,950	£79,967	25% below HPI

1 PHILIP AVENUE 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 1 PHILIP AVENUE sales between January 1999 and July 2014 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 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2014 sale, which was also at 27% below the HPI.

What might 1 PHILIP AVENUE be worth now?

1 PHILIP AVENUE might now be worth an estimated £259,816.

This is based on house price inflation of 76.7%, between July 2014 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 76.7% inflationary increase is applied to the most recent sale price for 1 PHILIP AVENUE of £147,000 on 23rd July 2014. For the value to have increased from £147,000 to £259,816 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 1 PHILIP AVENUE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The July 2014 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PHILIP AVENUE has not materially changed since July 2014.

How Large is 1 PHILIP AVENUE?

1 PHILIP AVENUE is 73m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 30% of detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastwood, and where 1 PHILIP AVENUE lies on this distribution: 27% of detached houses houses are smaller than 1 PHILIP AVENUE, and 72% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

1 PHILIP AVENUE: Plot and Title Map

1 PHILIP AVENUE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 1 PHILIP AVENUE, 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 PHILIP AVENUE). 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 PHILIP AVENUE?

1 PHILIP AVENUE is located in EASTWOOD, in the NG16 postcode district. The below map shows the position of No. 1 on PHILIP AVENUE.