16, REDWOOD AVENUE, NOTTINGHAM, NG8 2SG - £403,000

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 REDWOOD AVENUE is a very large extended detached house of 174m², built sometime between 1950 and 1966. It was last sold for £403,000 in December 2016, which was around 85% above the average December 2016 detached price in the City of Nottingham local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

16 REDWOOD AVENUE Sold Prices

Land registry data shows three sales for 16 REDWOOD AVENUE 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. All of the three 16 REDWOOD AVENUE 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
2016 7 DEC	£403,000	£217,368	85% above HPI
1999 5 AUG	£115,000	£61,234	88% above HPI
1998 15 MAY	£97,250	£56,217	73% above HPI

16 REDWOOD AVENUE 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 REDWOOD AVENUE sales between May 1998 and December 2016 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 1999 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the December 2016 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is 16 REDWOOD AVENUE?

16 REDWOOD AVENUE is 174m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 10% 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 REDWOOD AVENUE lies on this distribution: 90% of detached houses are smaller than 16 REDWOOD AVENUE, and 10% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

16 REDWOOD AVENUE: Plot and Title Map

16 REDWOOD AVENUE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 16 REDWOOD AVENUE, 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 REDWOOD AVENUE). 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 REDWOOD AVENUE?

16 REDWOOD AVENUE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 16 on REDWOOD AVENUE.