245, GREENWOOD ROAD, NOTTINGHAM, NG3 7FU - £113,000

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

245 GREENWOOD ROAD is a very large extended detached house of 180m², built sometime between 1930 and 1949. It was last sold for £113,000 in November 2013, which was around 15% below the average November 2013 detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

245 GREENWOOD ROAD Sold Prices

Land registry data shows three sales for 245 GREENWOOD 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 City of Nottingham local authority area for the corresponding sale date. All of the three 245 GREENWOOD 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
2013 12 NOV	£113,000	£133,695	15% below HPI
2013 15 JAN	£100,500	£126,363	20% below HPI
2007 5 NOV	£122,500	£145,279	16% below HPI

245 GREENWOOD ROAD 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 245 GREENWOOD ROAD sales between November 2007 and November 2013 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 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2013 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 245 GREENWOOD ROAD?

245 GREENWOOD ROAD is 180m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 245 GREENWOOD ROAD lies on this distribution: 91% of detached houses are smaller than 245 GREENWOOD ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

245 GREENWOOD ROAD: Plot and Title Map

245 GREENWOOD ROAD sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of 245 GREENWOOD 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 GREENWOOD 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 245 GREENWOOD ROAD?

245 GREENWOOD ROAD is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 245 on GREENWOOD ROAD.