12, MARTINS HILL, CARLTON, NOTTINGHAM, NG4 1AZ - £185,000

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.

12 MARTINS HILL is a large detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £319,541. It was last sold for £185,000 in July 2015, which was around 15% below the average July 2015 detached price in the Gedling local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

12 MARTINS HILL Sold Prices

Land registry data shows three sales for 12 MARTINS HILL 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. All of the three 12 MARTINS HILL 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
2015 29 JUL	£185,000	£216,488	15% below HPI
2013 6 DEC	£123,000	£194,109	37% below HPI
1998 21 DEC	£72,500	£84,400	14% below HPI

12 MARTINS HILL 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 12 MARTINS HILL sales between December 1998 and July 2015 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 December 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 12 MARTINS HILL be worth now?

12 MARTINS HILL might now be worth an estimated £319,541.

This is based on house price inflation of 72.7%, between July 2015 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 72.7% inflationary increase is applied to the most recent sale price for 12 MARTINS HILL of £185,000 on 29th July 2015. For the value to have increased from £185,000 to £319,541 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 12 MARTINS HILL has moved in line with the HPI for detached houses in the Gedling local authority area.
• The July 2015 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MARTINS HILL has not materially changed since July 2015.

How Large is 12 MARTINS HILL?

12 MARTINS HILL is 115m² according to the EPC inspection conducted in March 2014. This puts it in the largest 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 12 MARTINS HILL lies on this distribution: 69% of detached houses houses are smaller than 12 MARTINS HILL, and 31% of houses are larger. Note that EPC data is not available for all properties in Carlton.

12 MARTINS HILL: Plot and Title Map

12 MARTINS HILL sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 12 MARTINS HILL, 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 MARTINS HILL). 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 MARTINS HILL?

12 MARTINS HILL is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 12 on MARTINS HILL.