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

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 LANGBANK AVENUE is a midsized extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £288,264. It was last sold for £195,000 in July 2017, which was around 11% 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. Both of the two 2 LANGBANK 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
2017 24 JUL	£195,000	£219,154	11% below HPI
1997 21 FEB	£66,000	£67,863	3% below 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 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 LANGBANK AVENUE be worth now?

2 LANGBANK AVENUE might now be worth an estimated £288,264.

This is based on house price inflation of 47.8%, between July 2017 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.8% inflationary increase is applied to the most recent sale price for 2 LANGBANK AVENUE of £195,000 on 24th July 2017. For the value to have increased from £195,000 to £288,264 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 2 LANGBANK AVENUE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The July 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LANGBANK AVENUE has not materially changed since July 2017.

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 houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 2 LANGBANK AVENUE lies on this distribution: 47% of detached houses 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.