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
31 VIOLET ROAD is a small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £273,000 in March 2022, which was around 18% below the average March 2022 detached price in the Gedling local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 31 VIOLET ROAD since 1st 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 31 VIOLET ROAD 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 |
---|---|---|---|
2022 25 MAR | £273,000 | £331,760 | 18% below HPI |
2016 28 JUN | £173,000 | £230,503 | 25% below HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 31 VIOLET ROAD sales from June 2016 and March 2022 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 June 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
31 VIOLET ROAD is 88m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 31 VIOLET ROAD lies on this distribution: 31% of detached houses are smaller than 31 VIOLET ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Carlton.
31 VIOLET ROAD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 31 VIOLET ROAD, 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 VIOLET ROAD). 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.
31 VIOLET ROAD is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 31 on VIOLET ROAD.