21, REDWOOD AVENUE, NOTTINGHAM, NG8 2SG - £245,000

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

21 REDWOOD AVENUE is a large detached house of 114m², built sometime between 1950 and 1966. It was last sold for £245,000 in September 2021, which was around 15% below the average September 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

21 REDWOOD AVENUE Sold Prices

Land registry data shows three sales for 21 REDWOOD AVENUE 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. One of the three 21 REDWOOD AVENUE sales was for below the average price, whilst two 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
2021 30 SEP	£245,000	£287,752	15% below HPI
2008 31 MAR	£249,950	£139,647	79% above HPI
1997 2 DEC	£130,000	£56,181	131% above HPI

21 REDWOOD AVENUE 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 21 REDWOOD AVENUE sales between December 1997 and September 2021 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 2008 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the September 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 21 REDWOOD AVENUE?

21 REDWOOD AVENUE is 114m² according to the EPC inspection conducted in August 2021. 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 21 REDWOOD AVENUE lies on this distribution: 62% of detached houses are smaller than 21 REDWOOD AVENUE, and 36% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

21 REDWOOD AVENUE: Plot and Title Map

21 REDWOOD AVENUE sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 21 REDWOOD AVENUE, 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 REDWOOD AVENUE). 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 REDWOOD AVENUE?

21 REDWOOD AVENUE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 21 on REDWOOD AVENUE.