1, VERNON AVENUE, CARLTON, NOTTINGHAM, NG4 3FX - £249,950

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 VERNON AVENUE is a small extended detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £399,846. It was last sold for £249,950 in August 2016, which was around 7% above the average August 2016 detached price in the Gedling local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was B.

1 VERNON AVENUE Sold Prices

Land registry data shows two sales for 1 VERNON AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. One of the two 1 VERNON AVENUE sales was for above the average price, whilst the other was 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
2016 5 AUG	£249,950	£233,749	7% above HPI
2015 15 JUN	£152,500	£214,580	29% below HPI

1 VERNON AVENUE 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 two 1 VERNON AVENUE sales from June 2015 and August 2016 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 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2016 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 1 VERNON AVENUE be worth now?

1 VERNON AVENUE might now be worth an estimated £399,846.

This is based on house price inflation of 60%, between August 2016 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60% inflationary increase is applied to the most recent sale price for 1 VERNON AVENUE of £249,950 on 5th August 2016. For the value to have increased from £249,950 to £399,846 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 1 VERNON AVENUE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The August 2016 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 1 VERNON AVENUE has not materially changed since August 2016.

How Large is 1 VERNON AVENUE?

1 VERNON AVENUE is 89m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 1 VERNON AVENUE lies on this distribution: 33% of detached houses houses are smaller than 1 VERNON AVENUE, and 66% of houses are larger. Note that EPC data is not available for all properties in Carlton.

1 VERNON AVENUE: Plot and Title Map

1 VERNON AVENUE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 1 VERNON 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 VERNON 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 VERNON AVENUE?

1 VERNON AVENUE is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 1 on VERNON AVENUE.