2, ALFRED AVENUE, NOTTINGHAM, NG3 6GY - £175,500

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

2 ALFRED AVENUE is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £175,500 in July 2015, which was around 19% below the average July 2015 detached price in the Gedling local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was B.

2 ALFRED AVENUE Sold Prices

Land registry data shows four sales for 2 ALFRED 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 Gedling local authority area for the corresponding sale date. All of the four 2 ALFRED 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
2015 30 JUL	£175,500	£215,855	19% below HPI
2010 10 DEC	£133,000	£189,989	30% below HPI
2010 26 FEB	£150,000	£188,067	20% below HPI
1998 28 AUG	£59,995	£81,808	27% below HPI

2 ALFRED AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The four 2 ALFRED AVENUE sales between August 1998 and July 2015 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 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2015 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 ALFRED AVENUE?

2 ALFRED AVENUE is 75m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 2 ALFRED AVENUE lies on this distribution: 14% of detached houses are smaller than 2 ALFRED AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Carlton.

2 ALFRED AVENUE: Plot and Title Map

2 ALFRED AVENUE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 2 ALFRED 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 2 ALFRED 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 2 ALFRED AVENUE?

2 ALFRED AVENUE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 2 on ALFRED AVENUE.