2A, WESTERN TERRACE, THE PARK, NOTTINGHAM, NG7 1AF - £750,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2A WESTERN TERRACE is a very large detached house of 245m², built sometime between 2003 and 2006, which could now be worth an estimated £1,084,619. It was last sold for £750,000 in September 2017, which was around 235% above the average September 2017 detached price in the City of Nottingham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

2A WESTERN TERRACE Sold Prices

Land registry data shows three sales for 2A WESTERN TERRACE 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 2A WESTERN TERRACE 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 1 SEP	£750,000	£224,021	235% above HPI
2007 7 SEP	£499,999	£183,969	172% above HPI
1998 30 JAN	£240,000	£70,538	240% above HPI

2A WESTERN TERRACE 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 2A WESTERN TERRACE sales between January 1998 and September 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 September 2007 sale was for 172% above the HPI. So the extrapolation line tracks at 172% above the HPI over time, until the September 2017 sale, where it rises to 235% above the HPI. The line then continues to track at 235% above the HPI.

What might 2A WESTERN TERRACE be worth now?

2A WESTERN TERRACE might now be worth an estimated £1,084,619.

This is based on house price inflation of 44.6%, between September 2017 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.6% inflationary increase is applied to the most recent sale price for 2A WESTERN TERRACE of £750,000 on 1st September 2017. For the value to have increased from £750,000 to £1,084,619 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 2A WESTERN TERRACE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The September 2017 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 2A WESTERN TERRACE has not materially changed since September 2017.

How Large is 2A WESTERN TERRACE?

2A WESTERN TERRACE is 245m² according to the EPC inspection conducted in February 2012. This puts it in the largest 10% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 2A WESTERN TERRACE lies on this distribution: 97% of detached houses houses are smaller than 2A WESTERN TERRACE, and 3% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2A WESTERN TERRACE: Plot and Title Map

2A WESTERN TERRACE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 2A WESTERN TERRACE, 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 2A WESTERN TERRACE). 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 2A WESTERN TERRACE?

2A WESTERN TERRACE is located in THE PARK, in the NG7 postcode district. The below map shows the position of No. 2A on WESTERN TERRACE.