111, SOMERSBY ROAD, WOODTHORPE, NOTTINGHAM, NG5 4LW - £220,000

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

111 SOMERSBY ROAD is a midsized detached house of 104m², built sometime between 1930 and 1949. It was last sold for £220,000 in June 2021, which was around 29% below the average June 2021 detached price in the Gedling local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

111 SOMERSBY ROAD Sold Prices

Land registry data shows three sales for 111 SOMERSBY 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. One of the three 111 SOMERSBY ROAD sales was for below the average price, whilst two were 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
2021 29 JUN	£220,000	£310,171	29% below HPI
2000 9 JUN	£110,000	£96,102	14% above HPI
1997 21 FEB	£82,000	£75,181	9% above HPI

111 SOMERSBY 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 111 SOMERSBY ROAD sales between February 1997 and June 2021 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 2000 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 111 SOMERSBY ROAD?

111 SOMERSBY ROAD is 104m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 111 SOMERSBY ROAD lies on this distribution: 41% of detached houses are smaller than 111 SOMERSBY ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Arnold.

111 SOMERSBY ROAD: Plot and Title Map

111 SOMERSBY ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 111 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 111 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.

Where is 111 SOMERSBY ROAD?

111 SOMERSBY ROAD is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 111 on SOMERSBY ROAD.