121, RUSSELL ROAD, NOTTINGHAM, NG7 6GX - £198,000

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

121 RUSSELL ROAD is a midsized detached house of 95m², built sometime between 1900 and 1929. It was last sold for £198,000 in July 2022, which was around 38% below the average July 2022 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

121 RUSSELL ROAD Sold Prices

Land registry data shows four sales for 121 RUSSELL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the four 121 RUSSELL ROAD 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
2022 1 JUL	£198,000	£321,790	38% below HPI
2018 15 NOV	£155,000	£246,396	37% below HPI
2003 31 OCT	£117,000	£129,593	10% below HPI
1997 19 SEP	£40,000	£57,448	30% below HPI

121 RUSSELL ROAD 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 four 121 RUSSELL ROAD sales between September 1997 and July 2022 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 November 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 121 RUSSELL ROAD?

121 RUSSELL ROAD is 95m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 121 RUSSELL ROAD lies on this distribution: 41% of detached houses are smaller than 121 RUSSELL ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

121 RUSSELL ROAD: Plot and Title Map

121 RUSSELL ROAD sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 121 RUSSELL 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 121 RUSSELL 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 121 RUSSELL ROAD?

121 RUSSELL ROAD is located in NOTTINGHAM, in the NG7 postcode district. The below map shows the position of No. 121 on RUSSELL ROAD.