2, RISE PARK ROAD, NOTTINGHAM, NG5 5BJ - £175,000

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 RISE PARK ROAD is a large extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £175,000 in November 2014, which was around 19% above the average November 2014 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

2 RISE PARK ROAD Sold Prices

Land registry data shows three sales for 2 RISE PARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the three 2 RISE PARK ROAD sales were 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
2014 14 NOV	£175,000	£147,613	19% above HPI
2012 7 SEP	£169,950	£128,687	32% above HPI
2009 22 DEC	£133,000	£129,226	3% above HPI

2 RISE PARK ROAD 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 three 2 RISE PARK ROAD sales between December 2009 and November 2014 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 September 2012 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2014 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 2 RISE PARK ROAD?

2 RISE PARK ROAD is 114m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 40% 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 RISE PARK ROAD lies on this distribution: 62% of detached houses are smaller than 2 RISE PARK ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 RISE PARK ROAD: Plot and Title Map

2 RISE PARK ROAD sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 2 RISE PARK ROAD, 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 RISE PARK ROAD). 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 RISE PARK ROAD?

2 RISE PARK ROAD is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 2 on RISE PARK ROAD.