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 RANELAGH GROVE is a large extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £435,000 in April 2023, which was around 32% above the average April 2023 detached price in the City of Nottingham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 16 RANELAGH GROVE since 1st 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. Most of the four 16 RANELAGH GROVE sales were for above 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 |
---|---|---|---|
2023 18 APR | £435,000 | £328,497 | 32% above HPI |
2019 5 AUG | £255,000 | £238,934 | 7% above HPI |
2019 12 APR | £230,000 | £239,985 | 4% below HPI |
2005 3 OCT | £244,000 | £144,961 | 68% above 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 four 16 RANELAGH GROVE sales between October 2005 and April 2023 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 August 2019 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2023 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.
16 RANELAGH GROVE is 119m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 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 RANELAGH GROVE lies on this distribution: 68% of detached houses are smaller than 16 RANELAGH GROVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
16 RANELAGH GROVE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 16 RANELAGH GROVE, 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 RANELAGH GROVE). 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 RANELAGH GROVE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 16 on RANELAGH GROVE.