2, PARRY WAY, ARNOLD, NOTTINGHAM, NG5 8DD - £270,000

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 PARRY WAY is a large extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £270,000 in March 2024, which was around 24% below the average March 2024 detached price in the Gedling local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

2 PARRY WAY Sold Prices

Land registry data shows four sales for 2 PARRY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the four 2 PARRY WAY 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
2024 18 MAR	£270,000	£354,204	24% below HPI
2023 30 NOV	£220,000	£359,650	39% below HPI
2002 28 MAR	£127,950	£128,633	1% below HPI
1999 25 OCT	£84,950	£89,419	5% below HPI

2 PARRY WAY 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 four 2 PARRY WAY sales between October 1999 and March 2024 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 2023 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2024 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 PARRY WAY?

2 PARRY WAY is 121m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 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 PARRY WAY lies on this distribution: 61% of detached houses are smaller than 2 PARRY WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Arnold.

2 PARRY WAY: Plot and Title Map

2 PARRY WAY sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 2 PARRY WAY, 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 PARRY WAY). 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 PARRY WAY?

2 PARRY WAY is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 2 on PARRY WAY.