3, MORELLO AVENUE, CARLTON, NOTTINGHAM, NG4 3BU - £142,500

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.

3 MORELLO AVENUE is a very small detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £206,601. It was last sold for £142,500 in February 2018, which was around 45% below the average February 2018 detached price in the Gedling local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

3 MORELLO AVENUE Sold Prices

Land registry data shows two sales for 3 MORELLO 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 Gedling local authority area for the corresponding sale date. Both of the two 3 MORELLO AVENUE 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
2018 8 FEB	£142,500	£257,912	45% below HPI
1995 27 JAN	£59,950	£73,969	19% below HPI

3 MORELLO AVENUE 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 two 3 MORELLO AVENUE sales from January 1995 and February 2018 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 January 1995 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 3 MORELLO AVENUE be worth now?

3 MORELLO AVENUE might now be worth an estimated £206,601.

This is based on house price inflation of 45%, between February 2018 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 45% inflationary increase is applied to the most recent sale price for 3 MORELLO AVENUE of £142,500 on 8th February 2018. For the value to have increased from £142,500 to £206,601 over the seven years to February 2025, the following assumptions must hold true:

• The value of 3 MORELLO AVENUE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The February 2018 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MORELLO AVENUE has not materially changed since February 2018.

How Large is 3 MORELLO AVENUE?

3 MORELLO AVENUE is 55m² according to the EPC inspection conducted in August 2024. 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 MORELLO AVENUE lies on this distribution: 1% of detached houses houses are smaller than 3 MORELLO AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Carlton.

3 MORELLO AVENUE: Plot and Title Map

3 MORELLO AVENUE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 3 MORELLO 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 MORELLO 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 MORELLO AVENUE?

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