24, PARK ROAD, WOODTHORPE, NOTTINGHAM, NG5 4HR - £283,000

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

24 PARK ROAD is a very small detached house of 84m², built sometime between 1991 and 1995. It was last sold for £283,000 in June 2017, which was around 14% above the average June 2017 detached price in the Gedling local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

24 PARK ROAD Sold Prices

Land registry data shows four sales for 24 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Most of the four 24 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
2017 15 JUN	£283,000	£248,509	14% above HPI
2016 29 JUN	£242,000	£230,503	5% above HPI
2007 16 MAR	£225,000	£202,015	11% above HPI
2004 12 JUL	£185,000	£190,904	3% below HPI

24 PARK 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 four 24 PARK ROAD sales between July 2004 and June 2017 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 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2017 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 24 PARK ROAD?

24 PARK ROAD is 84m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 24 PARK ROAD lies on this distribution: 20% of detached houses are smaller than 24 PARK ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Arnold.

24 PARK ROAD: Plot and Title Map

24 PARK ROAD sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 24 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 24 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 24 PARK ROAD?

24 PARK ROAD is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 24 on PARK ROAD.