16, GORDON RISE, NOTTINGHAM, NG3 5GB - £360,000

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.

16 GORDON RISE is a large detached house of 130m², built sometime between 1930 and 1949, which could now be worth an estimated £459,031. It was last sold for £360,000 in July 2020, which was around 42% above the average July 2020 detached price in the City of Nottingham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

16 GORDON RISE Sold Prices

Land registry data shows three sales for 16 GORDON RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Two of the three 16 GORDON RISE sales were for above the average price, whilst one was 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
2020 7 JUL	£360,000	£254,077	42% above HPI
2015 23 OCT	£280,000	£198,995	41% above HPI
1995 24 JUL	£65,000	£67,185	3% below HPI

16 GORDON RISE 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 three 16 GORDON RISE sales between July 1995 and July 2020 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 October 2015 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the July 2020 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 16 GORDON RISE be worth now?

16 GORDON RISE might now be worth an estimated £459,031.

This is based on house price inflation of 27.5%, between July 2020 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 27.5% inflationary increase is applied to the most recent sale price for 16 GORDON RISE of £360,000 on 7th July 2020. For the value to have increased from £360,000 to £459,031 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 16 GORDON RISE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The July 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GORDON RISE has not materially changed since July 2020.

How Large is 16 GORDON RISE?

16 GORDON RISE is 130m² according to the EPC inspection conducted in July 2014. This puts it in the largest 30% 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 16 GORDON RISE lies on this distribution: 75% of detached houses houses are smaller than 16 GORDON RISE, and 25% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

16 GORDON RISE: Plot and Title Map

16 GORDON RISE sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of 16 GORDON 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 16 GORDON 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 16 GORDON RISE?

16 GORDON RISE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 16 on GORDON RISE.