34, LORIMER AVENUE, GEDLING, NOTTINGHAM, NG4 4BS - £210,000

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.

34 LORIMER AVENUE is a midsized extended detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £335,540. It was last sold for £210,000 in February 2017, which was around 10% below the average February 2017 detached price in the Gedling local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

34 LORIMER AVENUE Sold Prices

Land registry data shows two sales for 34 LORIMER 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 34 LORIMER 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
2017 24 FEB	£210,000	£234,026	10% below HPI
2014 21 NOV	£182,500	£207,695	12% below HPI

34 LORIMER 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 34 LORIMER AVENUE sales from November 2014 and February 2017 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 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 34 LORIMER AVENUE be worth now?

34 LORIMER AVENUE might now be worth an estimated £335,540.

This is based on house price inflation of 59.8%, between February 2017 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 59.8% inflationary increase is applied to the most recent sale price for 34 LORIMER AVENUE of £210,000 on 24th February 2017. For the value to have increased from £210,000 to £335,540 over the eight years to February 2025, the following assumptions must hold true:

• The value of 34 LORIMER AVENUE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The February 2017 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 34 LORIMER AVENUE has not materially changed since February 2017.

How Large is 34 LORIMER AVENUE?

34 LORIMER AVENUE is 98m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% 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 34 LORIMER AVENUE lies on this distribution: 46% of detached houses houses are smaller than 34 LORIMER AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Carlton.

34 LORIMER AVENUE: Plot and Title Map

34 LORIMER AVENUE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 34 LORIMER 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 34 LORIMER 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 34 LORIMER AVENUE?

34 LORIMER AVENUE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 34 on LORIMER AVENUE.