2, FARM ROAD, ARNOLD, NOTTINGHAM, NG5 7JY - £157,000

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 FARM ROAD is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £157,000 in November 2005, which was around 20% below the average November 2005 detached price in the Gedling local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was D.

2 FARM ROAD Sold Prices

Land registry data shows four sales for 2 FARM ROAD 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 FARM ROAD 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
2005 11 NOV	£157,000	£196,602	20% below HPI
2004 28 MAY	£129,950	£183,355	29% below HPI
2001 24 AUG	£83,950	£118,745	29% below HPI
1999 29 MAR	£56,000	£83,232	33% below HPI

2 FARM ROAD 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 FARM ROAD sales between March 1999 and November 2005 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 May 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2005 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 FARM ROAD?

2 FARM ROAD is 73m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 2 FARM ROAD lies on this distribution: 10% of detached houses are smaller than 2 FARM ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Arnold.

2 FARM ROAD: Plot and Title Map

2 FARM ROAD sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 2 FARM ROAD, 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 FARM ROAD). 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 FARM ROAD?

2 FARM ROAD is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 2 on FARM ROAD.