131, REDHILL ROAD, ARNOLD, NOTTINGHAM, NG5 8GZ - £222,500

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

131 REDHILL ROAD is a small extended detached house of 95m², built sometime between 1930 and 1949. It was last sold for £222,500 in September 2018, which was around 16% below the average September 2018 detached price in the Gedling local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

131 REDHILL ROAD Sold Prices

Land registry data shows three sales for 131 REDHILL ROAD 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 131 REDHILL 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
2018 28 SEP	£222,500	£264,807	16% below HPI
2015 8 APR	£166,000	£212,965	22% below HPI
1997 27 MAR	£57,000	£77,273	26% below HPI

131 REDHILL ROAD 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 131 REDHILL ROAD sales between March 1997 and September 2018 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 April 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 131 REDHILL ROAD?

131 REDHILL ROAD is 95m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 131 REDHILL ROAD lies on this distribution: 32% of detached houses are smaller than 131 REDHILL ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Arnold.

131 REDHILL ROAD: Plot and Title Map

131 REDHILL ROAD sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 131 REDHILL 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 131 REDHILL 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 131 REDHILL ROAD?

131 REDHILL ROAD is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 131 on REDHILL ROAD.