278, PORCHESTER ROAD, NOTTINGHAM, NG3 6GT - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

278 PORCHESTER ROAD is a very small extended detached house of 72m², built sometime between 1930 and 1949. It was last sold for £210,000 in May 2023, which was around 39% below the average May 2023 detached price in the Gedling local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was E.

278 PORCHESTER ROAD Sold Prices

Land registry data shows two sales for 278 PORCHESTER ROAD since 1^st 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. Both of the two 278 PORCHESTER 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
2023 2 MAY	£210,000	£345,772	39% below HPI
2005 31 JAN	£132,000	£198,459	33% below HPI

278 PORCHESTER 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 two 278 PORCHESTER ROAD sales from January 2005 and May 2023 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 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 278 PORCHESTER ROAD?

278 PORCHESTER ROAD is 72m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 278 PORCHESTER ROAD lies on this distribution: 12% of detached houses are smaller than 278 PORCHESTER ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Carlton.

278 PORCHESTER ROAD: Plot and Title Map

278 PORCHESTER ROAD sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 278 PORCHESTER 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 278 PORCHESTER 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 278 PORCHESTER ROAD?

278 PORCHESTER ROAD is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 278 on PORCHESTER ROAD.