2, CHARLES AVENUE, SANDIACRE, NOTTINGHAM, NG10 5BX - £235,000

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.

2 CHARLES AVENUE is a very small extended detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £339,010. It was last sold for £235,000 in February 2017, which was around 6% above the average February 2017 detached price in the Erewash local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

2 CHARLES AVENUE Sold Prices

Land registry data shows three sales for 2 CHARLES 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 Erewash local authority area for the corresponding sale date. One of the three 2 CHARLES AVENUE sales was for above the average price, whilst two 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 17 FEB	£235,000	£221,131	6% above HPI
2010 18 JUN	£132,500	£180,573	27% below HPI
1998 8 JUL	£58,000	£71,012	18% below HPI

2 CHARLES AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 2 CHARLES AVENUE sales between July 1998 and February 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 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2017 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 CHARLES AVENUE be worth now?

2 CHARLES AVENUE might now be worth an estimated £339,010.

This is based on house price inflation of 44.3%, between February 2017 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.3% inflationary increase is applied to the most recent sale price for 2 CHARLES AVENUE of £235,000 on 17th February 2017. For the value to have increased from £235,000 to £339,010 over the eight years to February 2025, the following assumptions must hold true:

• The value of 2 CHARLES AVENUE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHARLES AVENUE has not materially changed since February 2017.

How Large is 2 CHARLES AVENUE?

2 CHARLES AVENUE is 77m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandiacre, and where 2 CHARLES AVENUE lies on this distribution: 15% of detached houses houses are smaller than 2 CHARLES AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

2 CHARLES AVENUE: Plot and Title Map

2 CHARLES AVENUE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 2 CHARLES 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 CHARLES 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 CHARLES AVENUE?

2 CHARLES AVENUE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 2 on CHARLES AVENUE.