3, LANGBANK AVENUE, NOTTINGHAM, NG5 5BU - £145,000

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 LANGBANK AVENUE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £145,000 in August 2014, which was around 1% above the average August 2014 detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

3 LANGBANK AVENUE Sold Prices

Land registry data shows two sales for 3 LANGBANK AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 3 LANGBANK AVENUE 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
2014 22 AUG	£145,000	£143,926	1% above HPI
2006 10 NOV	£150,000	£145,085	3% above HPI

3 LANGBANK AVENUE 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 two 3 LANGBANK AVENUE sales from November 2006 and August 2014 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 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 3 LANGBANK AVENUE?

3 LANGBANK AVENUE is 74m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 3 LANGBANK AVENUE lies on this distribution: 14% of detached houses are smaller than 3 LANGBANK AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

3 LANGBANK AVENUE: Plot and Title Map

3 LANGBANK AVENUE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 3 LANGBANK AVENUE, 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 LANGBANK AVENUE). 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 LANGBANK AVENUE?

3 LANGBANK AVENUE is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 3 on LANGBANK AVENUE.