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
11 SOMERSBY ROAD is a small extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £336,000 in August 2022, which was around 5% below the average August 2022 detached price in the Gedling local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 11 SOMERSBY ROAD since 1st 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. Two of the three 11 SOMERSBY ROAD sales were for below the average price, whilst one 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 |
---|---|---|---|
2022 1 AUG | £336,000 | £352,361 | 5% below HPI |
2012 16 JUL | £210,000 | £187,458 | 12% above HPI |
1997 26 SEP | £67,500 | £79,912 | 16% below HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 11 SOMERSBY ROAD sales between September 1997 and August 2022 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 July 2012 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
11 SOMERSBY ROAD is 100m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 11 SOMERSBY ROAD lies on this distribution: 37% of detached houses are smaller than 11 SOMERSBY ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Arnold.
11 SOMERSBY ROAD sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 11 SOMERSBY 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 11 SOMERSBY 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.
11 SOMERSBY ROAD is located in MAPPERLEY, in the NG3 postcode district. The below map shows the position of No. 11 on SOMERSBY ROAD.