2, OVAL GARDENS, NOTTINGHAM, NG8 5AN - £280,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

2 OVAL GARDENS is a very small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £280,000 in December 2023, which was around 14% below the average December 2023 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

2 OVAL GARDENS Sold Prices

Land registry data shows two sales for 2 OVAL GARDENS 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 OVAL 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
2023 19 DEC	£280,000	£324,220	14% below HPI
2012 9 MAR	£110,000	£126,834	13% below HPI

2 OVAL GARDENS 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 OVAL GARDENS sales from March 2012 and December 2023 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 March 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 OVAL GARDENS?

2 OVAL GARDENS is 80m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% 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 OVAL GARDENS lies on this distribution: 19% of detached houses are smaller than 2 OVAL GARDENS, and 80% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 OVAL GARDENS: Plot and Title Map

2 OVAL GARDENS sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 2 OVAL 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 OVAL 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 OVAL GARDENS?

2 OVAL GARDENS is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 2 on OVAL GARDENS.