1A, PARK AVENUE, EASTWOOD, NOTTINGHAM, NG16 3NY - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1A PARK AVENUE is a midsized detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £315,610. It was last sold for £220,000 in August 2017, which was around 10% below the average August 2017 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

1A PARK AVENUE Sold Prices

Land registry data shows four sales for 1A PARK AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the four 1A PARK 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
2017 23 AUG	£220,000	£244,658	10% below HPI
2011 10 JUN	£167,000	£188,898	12% below HPI
2006 30 JUN	£188,000	£196,995	5% below HPI
2005 31 AUG	£189,000	£198,711	5% below HPI

1A PARK 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 four 1A PARK AVENUE sales between August 2005 and August 2017 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 June 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1A PARK AVENUE be worth now?

1A PARK AVENUE might now be worth an estimated £315,610.

This is based on house price inflation of 43.5%, between August 2017 and December 2024, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.5% inflationary increase is applied to the most recent sale price for 1A PARK AVENUE of £220,000 on 23rd August 2017. For the value to have increased from £220,000 to £315,610 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 1A PARK AVENUE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The August 2017 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1A PARK AVENUE has not materially changed since August 2017.

How Large is 1A PARK AVENUE?

1A PARK AVENUE is 85m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% of detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastwood, and where 1A PARK AVENUE lies on this distribution: 45% of detached houses houses are smaller than 1A PARK AVENUE, and 55% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

1A PARK AVENUE: Plot and Title Map

1A PARK AVENUE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 1A PARK 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 1A PARK 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 1A PARK AVENUE?

1A PARK AVENUE is located in EASTWOOD, in the NG16 postcode district. The below map shows the position of No. 1A on PARK AVENUE.