2, LANGBANK AVENUE, NOTTINGHAM, NG5 5BU - £195,000

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 LANGBANK AVENUE is a midsized extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £195,000 in July 2017, which was around 13% below the average July 2017 detached price in the City of Nottingham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

2 LANGBANK AVENUE Sold Prices

Land registry data shows two sales for 2 LANGBANK 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 City of Nottingham local authority area for the corresponding sale date. One of the two 2 LANGBANK AVENUE sales was for below the average price, whilst the other was 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
2017 24 JUL	£195,000	£223,188	13% below HPI
1997 21 FEB	£66,000	£53,767	23% above HPI

2 LANGBANK AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 2 LANGBANK AVENUE sales from February 1997 and July 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 February 1997 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 LANGBANK AVENUE?

2 LANGBANK AVENUE is 100m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 2 LANGBANK AVENUE lies on this distribution: 47% of detached houses are smaller than 2 LANGBANK AVENUE, and 52% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 LANGBANK AVENUE: Plot and Title Map

2 LANGBANK AVENUE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 2 LANGBANK 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 LANGBANK 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 LANGBANK AVENUE?

2 LANGBANK AVENUE is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 2 on LANGBANK AVENUE.