18, LUDLAM AVENUE, GILTBROOK, NOTTINGHAM, NG16 2UL - £223,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 LUDLAM AVENUE is a very small detached house of 61m², built sometime between 1983 and 1990. It was last sold for £223,000 in October 2023, which was around 35% below the average October 2023 detached price in the Broxtowe local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

18 LUDLAM AVENUE Sold Prices

Land registry data shows two sales for 18 LUDLAM AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 18 LUDLAM AVENUE 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
2023 30 OCT	£223,000	£343,381	35% below HPI
2020 7 DEC	£178,000	£285,843	38% below HPI

18 LUDLAM AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 18 LUDLAM AVENUE sales from December 2020 and October 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 December 2020 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 18 LUDLAM AVENUE?

18 LUDLAM AVENUE is 61m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 18 LUDLAM AVENUE lies on this distribution: 12% of detached houses are smaller than 18 LUDLAM AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

18 LUDLAM AVENUE: Plot and Title Map

18 LUDLAM AVENUE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 18 LUDLAM 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 18 LUDLAM 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 18 LUDLAM AVENUE?

18 LUDLAM AVENUE is located in GILTBROOK, in the NG16 postcode district. The below map shows the position of No. 18 on LUDLAM AVENUE.