3, FARM ROAD, ARNOLD, NOTTINGHAM, NG5 7JY - £193,000

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

3 FARM ROAD is a midsized extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £193,000 in June 2013, which was around 1% above the average June 2013 detached price in the Gedling local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

3 FARM ROAD Sold Prices

Land registry data shows three sales for 3 FARM 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 Gedling local authority area for the corresponding sale date. One of the three 3 FARM ROAD sales was for above the average price, whilst two 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 24 JUN	£193,000	£191,927	1% above HPI
2002 17 MAY	£94,500	£131,378	28% below HPI
1999 29 NOV	£65,000	£90,465	28% below HPI

3 FARM 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 three 3 FARM ROAD sales between November 1999 and June 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 May 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2013 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 3 FARM ROAD?

3 FARM ROAD is 111m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the smallest 50% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 3 FARM ROAD lies on this distribution: 50% of detached houses are smaller than 3 FARM ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Arnold.

3 FARM ROAD: Plot and Title Map

3 FARM ROAD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 3 FARM 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 3 FARM 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 3 FARM ROAD?

3 FARM ROAD is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 3 on FARM ROAD.