16, SECOND AVENUE, NOTTINGHAM, NG7 6JJ - £202,500

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 SECOND AVENUE is a very large detached house of 143m², built sometime between 1967 and 1975, which could now be worth an estimated £377,933. It was last sold for £202,500 in March 2006, which was around 18% above the average March 2006 detached price in the City of Nottingham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was C.

16 SECOND AVENUE Sold Prices

Land registry data shows three sales for 16 SECOND 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 SECOND 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
2006 10 MAR	£202,500	£171,974	18% above HPI
2005 1 APR	£235,000	£174,932	34% above HPI
2001 16 AUG	£128,000	£96,962	32% above HPI

16 SECOND 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 SECOND AVENUE sales between August 2001 and March 2006 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 April 2005 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2006 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 16 SECOND AVENUE be worth now?

16 SECOND AVENUE might now be worth an estimated £377,933.

This is based on house price inflation of 86.6%, between March 2006 and March 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 86.6% inflationary increase is applied to the most recent sale price for 16 SECOND AVENUE of £202,500 on 10th March 2006. For the value to have increased from £202,500 to £377,933 over the nineteen years to March 2025, the following assumptions must hold true:

• The value of 16 SECOND AVENUE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The March 2006 sale price of £202,500 represented a fair market value for the property.
• The size, condition, and specification of 16 SECOND AVENUE has not materially changed since March 2006.

How Large is 16 SECOND AVENUE?

16 SECOND AVENUE is 143m² according to the EPC inspection conducted in January 2015. This puts it in the largest 20% 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 SECOND AVENUE lies on this distribution: 81% of detached houses houses are smaller than 16 SECOND AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

16 SECOND AVENUE: Plot and Title Map

16 SECOND AVENUE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 16 SECOND 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 SECOND 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 SECOND AVENUE?

16 SECOND AVENUE is located in NOTTINGHAM, in the NG7 postcode district. The below map shows the position of No. 16 on SECOND AVENUE.