116, CROSS STREET, ARNOLD, NOTTINGHAM, NG5 7BY - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

116 CROSS STREET is a midsized extended detached house of 107m², built sometime between 1976 and 1982. It was last sold for £195,000 in May 2021, which was around 36% below the average May 2021 detached price in the Gedling local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

116 CROSS STREET Sold Prices

Land registry data shows two sales for 116 CROSS STREET 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. Both of the two 116 CROSS STREET 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
2021 21 MAY	£195,000	£305,488	36% below HPI
1999 1 SEP	£75,500	£87,743	14% below HPI

116 CROSS STREET 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 116 CROSS STREET sales from September 1999 and May 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 September 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 116 CROSS STREET?

116 CROSS STREET is 107m², which includes one extension, according to the EPC inspection conducted in November 2019. 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 116 CROSS STREET lies on this distribution: 44% of detached houses are smaller than 116 CROSS STREET, and 55% of houses are larger. Note that EPC data is not available for all properties in Arnold.

116 CROSS STREET: Plot and Title Map

116 CROSS STREET sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 116 CROSS STREET, 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 116 CROSS STREET). 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 116 CROSS STREET?

116 CROSS STREET is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 116 on CROSS STREET.