12, ELM BANK, NOTTINGHAM, NG3 5AJ - £438,000

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

12 ELM BANK is a very large extended detached house of 224m², built sometime between 1976 and 1982. It was last sold for £438,000 in May 2011, which was around 247% above the average May 2011 detached price in the City of Nottingham local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

12 ELM BANK Sold Prices

Land registry data shows two sales for 12 ELM BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 12 ELM BANK sales 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
2011 31 MAY	£438,000	£126,131	247% above HPI
2005 24 JUN	£390,000	£138,126	182% above HPI

12 ELM BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 12 ELM BANK sales from June 2005 and May 2011 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 2005 sale was for 182% above the HPI. So the extrapolation line tracks at 182% above the HPI over time, until the May 2011 sale, where it rises to 247% above the HPI. The line then continues to track at 247% above the HPI.

How Large is 12 ELM BANK?

12 ELM BANK is 224m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the largest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 12 ELM BANK lies on this distribution: 96% of detached houses are smaller than 12 ELM BANK, and 4% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

12 ELM BANK: Plot and Title Map

12 ELM BANK sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 12 ELM BANK, 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 12 ELM BANK). 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 12 ELM BANK?

12 ELM BANK is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 12 on ELM BANK.