15, HILL RISE, TROWELL, NOTTINGHAM, NG9 3PE - £300,000

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.

15 HILL RISE is a small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £332,031. It was last sold for £300,000 in February 2022, which was around 7% below the average February 2022 detached price in the Broxtowe local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

15 HILL RISE Sold Prices

Land registry data shows two sales for 15 HILL RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 15 HILL RISE 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 10 FEB	£300,000	£321,552	7% below HPI
2013 28 JUN	£160,000	£189,129	15% below HPI

15 HILL RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 15 HILL RISE sales from June 2013 and February 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 June 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 15 HILL RISE be worth now?

15 HILL RISE might now be worth an estimated £332,031.

This is based on house price inflation of 10.7%, between February 2022 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.7% inflationary increase is applied to the most recent sale price for 15 HILL RISE of £300,000 on 10th February 2022. For the value to have increased from £300,000 to £332,031 over the three years to February 2025, the following assumptions must hold true:

• The value of 15 HILL RISE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The February 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HILL RISE has not materially changed since February 2022.

How Large is 15 HILL RISE?

15 HILL RISE is 86m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses houses in Trowell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trowell, and where 15 HILL RISE lies on this distribution: 35% of detached houses houses are smaller than 15 HILL RISE, and 64% of houses are larger. Note that EPC data is not available for all properties in Trowell.

15 HILL RISE: Plot and Title Map

15 HILL RISE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 15 HILL RISE, 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 15 HILL RISE). 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 15 HILL RISE?

15 HILL RISE is located in TROWELL, in the NG9 postcode district. The below map shows the position of No. 15 on HILL RISE.