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
245 CAVENDISH ROAD is a large extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £150,000 in July 2015, which was around 31% below the average July 2015 detached price in the Gedling local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 245 CAVENDISH ROAD since 1st 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. One of the two 245 CAVENDISH ROAD sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2015 24 JUL | £150,000 | £215,855 | 31% below HPI |
1998 21 JAN | £109,440 | £79,905 | 37% above HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 245 CAVENDISH ROAD sales from January 1998 and July 2015 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 January 1998 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the July 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
245 CAVENDISH ROAD is 124m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 245 CAVENDISH ROAD lies on this distribution: 77% of detached houses are smaller than 245 CAVENDISH ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Carlton.
245 CAVENDISH ROAD sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 245 CAVENDISH 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 245 CAVENDISH 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.
245 CAVENDISH ROAD is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 245 on CAVENDISH ROAD.