2, SOUTHLEA ROAD, CARLTON, NOTTINGHAM, NG4 1ET - £174,000

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 SOUTHLEA ROAD is a very small extended detached house of 79m², built sometime between 1930 and 1949, which could now be worth an estimated £286,008. It was last sold for £174,000 in April 2016, which was around 24% below the average April 2016 detached price in the Gedling local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

2 SOUTHLEA ROAD Sold Prices

Land registry data shows two sales for 2 SOUTHLEA ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 2 SOUTHLEA ROAD 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
2016 15 APR	£174,000	£227,489	24% below HPI
2015 9 JUL	£78,000	£216,488	64% below HPI

2 SOUTHLEA ROAD 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 two 2 SOUTHLEA ROAD sales from July 2015 and April 2016 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 July 2015 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the April 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 2 SOUTHLEA ROAD be worth now?

2 SOUTHLEA ROAD might now be worth an estimated £286,008.

This is based on house price inflation of 64.4%, between April 2016 and February 2025, for 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 64.4% inflationary increase is applied to the most recent sale price for 2 SOUTHLEA ROAD of £174,000 on 15th April 2016. For the value to have increased from £174,000 to £286,008 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 2 SOUTHLEA ROAD has moved in line with the HPI for detached houses in the Gedling local authority area.
• The April 2016 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOUTHLEA ROAD has not materially changed since April 2016.

How Large is 2 SOUTHLEA ROAD?

2 SOUTHLEA ROAD is 79m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 2 SOUTHLEA ROAD lies on this distribution: 17% of detached houses houses are smaller than 2 SOUTHLEA ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Carlton.

2 SOUTHLEA ROAD: Plot and Title Map

2 SOUTHLEA ROAD sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 2 SOUTHLEA 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 SOUTHLEA 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 SOUTHLEA ROAD?

2 SOUTHLEA ROAD is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 2 on SOUTHLEA ROAD.