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
16 ALMA ROAD is a small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £250,000 in November 2022, which was around 23% below the average November 2022 detached price in the City of Nottingham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 16 ALMA ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Most of the five 16 ALMA 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 7 NOV | £250,000 | £326,369 | 23% below HPI |
2017 31 MAR | £90,000 | £214,611 | 58% below HPI |
2008 11 JUL | £200,000 | £141,474 | 41% above HPI |
2007 16 NOV | £130,000 | £145,279 | 11% below HPI |
1996 20 AUG | £49,000 | £53,642 | 9% below HPI |
The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The five 16 ALMA ROAD sales between August 1996 and November 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 March 2017 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the November 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
16 ALMA ROAD is 89m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 16 ALMA ROAD lies on this distribution: 31% of detached houses are smaller than 16 ALMA ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
16 ALMA ROAD sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 16 ALMA 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 16 ALMA 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.
16 ALMA ROAD is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 16 on ALMA ROAD.