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 BOWLWELL AVENUE is a small extended detached house of 85m², built sometime between 1976 and 1982. It was last sold for £125,000 in July 2014, which was around 11% below the average July 2014 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 2 BOWLWELL AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the four 2 BOWLWELL 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 |
---|---|---|---|
2014 11 JUL | £125,000 | £140,849 | 11% below HPI |
2014 27 JUN | £128,000 | £137,786 | 7% below HPI |
2013 17 JUL | £105,000 | £128,131 | 18% below HPI |
2013 27 MAR | £90,000 | £127,001 | 29% below HPI |
The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four 2 BOWLWELL AVENUE sales between March 2013 and July 2014 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 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
2 BOWLWELL AVENUE is 85m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 2 BOWLWELL AVENUE lies on this distribution: 25% of detached houses are smaller than 2 BOWLWELL AVENUE, and 74% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
2 BOWLWELL AVENUE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 2 BOWLWELL 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 BOWLWELL 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.
2 BOWLWELL AVENUE is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 2 on BOWLWELL AVENUE.