2, GRESHAM GARDENS, WOODTHORPE, NOTTINGHAM, NG5 4LU - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 GRESHAM GARDENS is a small extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £225,000 in June 2017, which was around 9% below the average June 2017 detached price in the Gedling local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

2 GRESHAM GARDENS Sold Prices

Land registry data shows three sales for 2 GRESHAM GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 2 GRESHAM GARDENS 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
2017 13 JUN	£225,000	£248,509	9% below HPI
2007 14 SEP	£178,000	£208,082	14% below HPI
1997 31 JAN	£67,000	£75,027	11% below HPI

2 GRESHAM GARDENS 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 three 2 GRESHAM GARDENS sales between January 1997 and June 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 September 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 GRESHAM GARDENS?

2 GRESHAM GARDENS is 101m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 40% 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 GRESHAM GARDENS lies on this distribution: 38% of detached houses are smaller than 2 GRESHAM GARDENS, and 61% of houses are larger. Note that EPC data is not available for all properties in Arnold.

2 GRESHAM GARDENS: Plot and Title Map

2 GRESHAM GARDENS sits on a plot of roughly 0.080 of an acre, or 326m². The below map shows the location of 2 GRESHAM GARDENS, 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 GRESHAM GARDENS). 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 GRESHAM GARDENS?

2 GRESHAM GARDENS is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 2 on GRESHAM GARDENS.