31, VICTORIA EMBANKMENT, NOTTINGHAM, NG2 2JY - £455,000

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.

31 VICTORIA EMBANKMENT is a large extended detached house of 130m², built sometime between 1930 and 1949, which could now be worth an estimated £544,896. It was last sold for £455,000 in March 2021, which was around 68% above the average March 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

31 VICTORIA EMBANKMENT Sold Prices

Land registry data shows two sales for 31 VICTORIA EMBANKMENT 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 31 VICTORIA EMBANKMENT 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
2021 12 MAR	£455,000	£270,522	68% above HPI
2002 1 MAR	£220,000	£109,106	102% above HPI

31 VICTORIA EMBANKMENT 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 31 VICTORIA EMBANKMENT sales from March 2002 and March 2021 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 March 2002 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the March 2021 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 31 VICTORIA EMBANKMENT be worth now?

31 VICTORIA EMBANKMENT might now be worth an estimated £544,896.

This is based on house price inflation of 19.8%, between March 2021 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.8% inflationary increase is applied to the most recent sale price for 31 VICTORIA EMBANKMENT of £455,000 on 12th March 2021. For the value to have increased from £455,000 to £544,896 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 31 VICTORIA EMBANKMENT has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The March 2021 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 31 VICTORIA EMBANKMENT has not materially changed since March 2021.

How Large is 31 VICTORIA EMBANKMENT?

31 VICTORIA EMBANKMENT is 130m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the largest 30% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 31 VICTORIA EMBANKMENT lies on this distribution: 75% of detached houses houses are smaller than 31 VICTORIA EMBANKMENT, and 25% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

31 VICTORIA EMBANKMENT: Plot and Title Map

31 VICTORIA EMBANKMENT sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 31 VICTORIA EMBANKMENT, 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 31 VICTORIA EMBANKMENT). 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 31 VICTORIA EMBANKMENT?

31 VICTORIA EMBANKMENT is located in NOTTINGHAM, in the NG2 postcode district. The below map shows the position of No. 31 on VICTORIA EMBANKMENT.