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
3 FEARN CHASE is a very small extended detached house of 62m², built sometime between 1967 and 1975. It was last sold for £174,500 in June 2017, which was around 30% below the average June 2017 detached price in the Gedling local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 3 FEARN CHASE since 1st 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. All of the three 3 FEARN CHASE 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 |
---|---|---|---|
2017 12 JUN | £174,500 | £248,509 | 30% below HPI |
2015 19 NOV | £93,500 | £224,604 | 58% below HPI |
2015 31 JUL | £55,000 | £215,855 | 75% below HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 3 FEARN CHASE sales between July 2015 and June 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 November 2015 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the June 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
3 FEARN CHASE is 62m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 3 FEARN CHASE lies on this distribution: 4% of detached houses are smaller than 3 FEARN CHASE, and 95% of houses are larger. Note that EPC data is not available for all properties in Carlton.
3 FEARN CHASE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 3 FEARN CHASE, 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 FEARN CHASE). 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.
3 FEARN CHASE is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 3 on FEARN CHASE.