12, WESTERN TERRACE, THE PARK, NOTTINGHAM, NG7 1AF - £355,000

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 WESTERN TERRACE is a very large extended detached house of 143m², built sometime between 1991 and 1995, which could now be worth an estimated £644,000. It was last sold for £355,000 in August 2005, which was around 99% above the average August 2005 detached price in the City of Nottingham local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

12 WESTERN TERRACE Sold Prices

Land registry data shows two sales for 12 WESTERN TERRACE 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 WESTERN TERRACE 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
2005 2 AUG	£355,000	£178,586	99% above HPI
1998 20 JAN	£155,000	£70,538	120% above HPI

12 WESTERN TERRACE 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 WESTERN TERRACE sales from January 1998 and August 2005 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 January 1998 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the August 2005 sale, where it falls to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might 12 WESTERN TERRACE be worth now?

12 WESTERN TERRACE might now be worth an estimated £644,000.

This is based on house price inflation of 81.4%, between August 2005 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 81.4% inflationary increase is applied to the most recent sale price for 12 WESTERN TERRACE of £355,000 on 2nd August 2005. For the value to have increased from £355,000 to £644,000 over the twenty years and six months to February 2025, the following assumptions must hold true:

• The value of 12 WESTERN TERRACE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The August 2005 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WESTERN TERRACE has not materially changed since August 2005.

How Large is 12 WESTERN TERRACE?

12 WESTERN TERRACE is 143m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 20% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 12 WESTERN TERRACE lies on this distribution: 81% of detached houses houses are smaller than 12 WESTERN TERRACE, and 18% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

12 WESTERN TERRACE: Plot and Title Map

12 WESTERN TERRACE sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 12 WESTERN TERRACE, 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 WESTERN TERRACE). 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 WESTERN TERRACE?

12 WESTERN TERRACE is located in THE PARK, in the NG7 postcode district. The below map shows the position of No. 12 on WESTERN TERRACE.