21, REDHILL ROAD, ARNOLD, NOTTINGHAM, NG5 8GT - £246,000

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.

21 REDHILL ROAD is a midsized detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £326,412. It was last sold for £246,000 in July 2020, which was around 13% below the average July 2020 detached price in the Gedling local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

21 REDHILL ROAD Sold Prices

Land registry data shows three sales for 21 REDHILL 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 Gedling local authority area for the corresponding sale date. All of the three 21 REDHILL 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
2020 10 JUL	£246,000	£281,811	13% below HPI
2011 16 MAR	£150,000	£188,359	20% below HPI
2002 12 JUL	£118,000	£140,945	16% below HPI

21 REDHILL 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 three 21 REDHILL ROAD sales between July 2002 and July 2020 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 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 21 REDHILL ROAD be worth now?

21 REDHILL ROAD might now be worth an estimated £326,412.

This is based on house price inflation of 32.7%, between July 2020 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 32.7% inflationary increase is applied to the most recent sale price for 21 REDHILL ROAD of £246,000 on 10th July 2020. For the value to have increased from £246,000 to £326,412 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 21 REDHILL ROAD has moved in line with the HPI for detached houses in the Gedling local authority area.
• The July 2020 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 21 REDHILL ROAD has not materially changed since July 2020.

How Large is 21 REDHILL ROAD?

21 REDHILL ROAD is 110m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 21 REDHILL ROAD lies on this distribution: 47% of detached houses houses are smaller than 21 REDHILL ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Arnold.

21 REDHILL ROAD: Plot and Title Map

21 REDHILL ROAD sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 21 REDHILL 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 21 REDHILL 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 21 REDHILL ROAD?

21 REDHILL ROAD is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 21 on REDHILL ROAD.