2, GREENHILLS AVENUE, EASTWOOD, NOTTINGHAM, NG16 3FX - £130,000

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 GREENHILLS AVENUE is a small extended detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £170,789. It was last sold for £130,000 in February 2020, which was around 52% below the average February 2020 detached price in the Broxtowe local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

2 GREENHILLS AVENUE Sold Prices

Land registry data shows two sales for 2 GREENHILLS AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 2 GREENHILLS 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
2020 6 FEB	£130,000	£270,890	52% below HPI
2014 7 NOV	£138,000	£205,979	33% below HPI

2 GREENHILLS AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 2 GREENHILLS AVENUE sales from November 2014 and February 2020 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 November 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2020 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 2 GREENHILLS AVENUE be worth now?

2 GREENHILLS AVENUE might now be worth an estimated £170,789.

This is based on house price inflation of 31.4%, between February 2020 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.4% inflationary increase is applied to the most recent sale price for 2 GREENHILLS AVENUE of £130,000 on 6th February 2020. For the value to have increased from £130,000 to £170,789 over the five years to February 2025, the following assumptions must hold true:

• The value of 2 GREENHILLS AVENUE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The February 2020 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREENHILLS AVENUE has not materially changed since February 2020.

How Large is 2 GREENHILLS AVENUE?

2 GREENHILLS AVENUE is 76m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastwood, and where 2 GREENHILLS AVENUE lies on this distribution: 30% of detached houses houses are smaller than 2 GREENHILLS AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

2 GREENHILLS AVENUE: Plot and Title Map

2 GREENHILLS AVENUE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 2 GREENHILLS 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 GREENHILLS 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 GREENHILLS AVENUE?

2 GREENHILLS AVENUE is located in EASTWOOD, in the NG16 postcode district. The below map shows the position of No. 2 on GREENHILLS AVENUE.