2, DEVON CIRCUS, REDHILL, NOTTINGHAM, NG5 8JG - £420,000

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

2 DEVON CIRCUS is a midsized extended semi-detached house of 107m², built sometime between 1930 and 1949, which could now be worth an estimated £438,061. It was last sold for £420,000 in January 2024, which was around 85% above the average January 2024 semi-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 C.

2 DEVON CIRCUS Sold Prices

Land registry data shows four sales for 2 DEVON CIRCUS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Gedling local authority area for the corresponding sale date. All of the four 2 DEVON CIRCUS sales were for above 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
2024 12 JAN	£420,000	£227,573	85% above HPI
2011 3 MAR	£265,000	£115,065	130% above HPI
2004 10 DEC	£216,500	£126,654	71% above HPI
2004 5 MAR	£175,000	£107,805	62% above HPI

2 DEVON CIRCUS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gedling local authority area over time, sourced from the HPI. The four 2 DEVON CIRCUS sales between March 2004 and January 2024 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 March 2011 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the January 2024 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might 2 DEVON CIRCUS be worth now?

2 DEVON CIRCUS might now be worth an estimated £438,061.

This is based on house price inflation of 4.3%, between January 2024 and December 2024, for semi-detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.3% inflationary increase is applied to the most recent sale price for 2 DEVON CIRCUS of £420,000 on 12th January 2024. For the value to have increased from £420,000 to £438,061 over the one month to December 2024, the following assumptions must hold true:

• The value of 2 DEVON CIRCUS has moved in line with the HPI for semi-detached houses in the Gedling local authority area.
• The January 2024 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DEVON CIRCUS has not materially changed since January 2024.

How Large is 2 DEVON CIRCUS?

2 DEVON CIRCUS is 107m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% of semi-detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Arnold, and where 2 DEVON CIRCUS lies on this distribution: 44% of semi-detached houses houses are smaller than 2 DEVON CIRCUS, and 55% of houses are larger. Note that EPC data is not available for all properties in Arnold.

2 DEVON CIRCUS: Plot and Title Map

2 DEVON CIRCUS sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of 2 DEVON CIRCUS, 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 DEVON CIRCUS). 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 DEVON CIRCUS?

2 DEVON CIRCUS is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 2 on DEVON CIRCUS.