31A, PARK ROAD, NOTTINGHAM, NG7 1LB - £132,000

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.

31A PARK ROAD is a very small detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £138,254. It was last sold for £132,000 in June 2022, which was around 57% below the average June 2022 detached price in the City of Nottingham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

31A PARK ROAD Sold Prices

Land registry data shows two sales for 31A PARK ROAD 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 31A PARK 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 21 JUN	£132,000	£309,314	57% below HPI
1997 29 AUG	£38,250	£72,904	48% below HPI

31A PARK ROAD 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 31A PARK ROAD sales from August 1997 and June 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 August 1997 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2022 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might 31A PARK ROAD be worth now?

31A PARK ROAD might now be worth an estimated £138,254.

This is based on house price inflation of 4.7%, between June 2022 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 4.7% inflationary increase is applied to the most recent sale price for 31A PARK ROAD of £132,000 on 21st June 2022. For the value to have increased from £132,000 to £138,254 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 31A PARK ROAD has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The June 2022 sale price of £132,000 represented a fair market value for the property.
• The size, condition, and specification of 31A PARK ROAD has not materially changed since June 2022.

How Large is 31A PARK ROAD?

31A PARK ROAD is 61m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% 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 31A PARK ROAD lies on this distribution: 5% of detached houses houses are smaller than 31A PARK ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

31A PARK ROAD: Plot and Title Map

31A PARK ROAD sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 31A PARK 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 31A PARK 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.

Where is 31A PARK ROAD?

31A PARK ROAD is located in NOTTINGHAM, in the NG7 postcode district. The below map shows the position of No. 31A on PARK ROAD.