3, FEARN CHASE, CARLTON, NOTTINGHAM, NG4 1DN - £174,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 FEARN CHASE is a very small extended detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £261,800. 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.

3 FEARN CHASE Sold Prices

Land registry data shows three sales for 3 FEARN CHASE 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. 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	£249,238	30% below HPI
2015 19 NOV	£93,500	£225,263	58% below HPI
2015 31 JUL	£55,000	£216,488	75% below HPI

3 FEARN CHASE 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 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.

What might 3 FEARN CHASE be worth now?

3 FEARN CHASE might now be worth an estimated £261,800.

This is based on house price inflation of 50%, between June 2017 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50% inflationary increase is applied to the most recent sale price for 3 FEARN CHASE of £174,500 on 12th June 2017. For the value to have increased from £174,500 to £261,800 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 3 FEARN CHASE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The June 2017 sale price of £174,500 represented a fair market value for the property.
• The size, condition, and specification of 3 FEARN CHASE has not materially changed since June 2017.

How Large is 3 FEARN CHASE?

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 houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 3 FEARN CHASE lies on this distribution: 5% of detached houses 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: Plot and Title Map

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.

Where is 3 FEARN CHASE?

3 FEARN CHASE is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 3 on FEARN CHASE.