2, PRIORY CRESCENT, GEDLING, NOTTINGHAM, NG4 3LH - £175,000

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 PRIORY CRESCENT is a small extended semi-detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £183,000. It was last sold for £175,000 in February 2023, which was around 23% below the average February 2023 semi-detached price in the Gedling local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was C.

2 PRIORY CRESCENT Sold Prices

Land registry data shows three sales for 2 PRIORY CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gedling local authority area for the corresponding sale date. Two of the three 2 PRIORY CRESCENT sales were for below the average price, whilst one 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
2023 14 FEB	£175,000	£226,527	23% below HPI
1998 12 JUN	£52,950	£47,599	11% above HPI
1998 23 JAN	£35,000	£47,019	26% below HPI

2 PRIORY CRESCENT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gedling local authority area over time, sourced from the HPI. The three 2 PRIORY CRESCENT sales between January 1998 and February 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 June 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 PRIORY CRESCENT be worth now?

2 PRIORY CRESCENT might now be worth an estimated £183,000.

This is based on house price inflation of 4.6%, between February 2023 and February 2025, for semi-detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% inflationary increase is applied to the most recent sale price for 2 PRIORY CRESCENT of £175,000 on 14th February 2023. For the value to have increased from £175,000 to £183,000 over the two years to February 2025, the following assumptions must hold true:

• The value of 2 PRIORY CRESCENT has moved in line with the HPI for semi-detached houses in the Gedling local authority area.
• The February 2023 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PRIORY CRESCENT has not materially changed since February 2023.

How Large is 2 PRIORY CRESCENT?

2 PRIORY CRESCENT is 91m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% of semi-detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Carlton, and where 2 PRIORY CRESCENT lies on this distribution: 36% of semi-detached houses houses are smaller than 2 PRIORY CRESCENT, and 62% of houses are larger. Note that EPC data is not available for all properties in Carlton.

2 PRIORY CRESCENT: Plot and Title Map

2 PRIORY CRESCENT sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 2 PRIORY CRESCENT, 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 PRIORY CRESCENT). 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 PRIORY CRESCENT?

2 PRIORY CRESCENT is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 2 on PRIORY CRESCENT.