38, LODGE ROAD, NEWTHORPE, NOTTINGHAM, NG16 2AZ - £164,000

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.

38 LODGE ROAD is a midsized semi-detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £235,050. It was last sold for £164,000 in January 2019, which was around 2% below the average January 2019 semi-detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

38 LODGE ROAD Sold Prices

Land registry data shows three sales for 38 LODGE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 38 LODGE 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
2019 22 JAN	£164,000	£167,629	2% below HPI
2015 17 JUN	£136,000	£140,528	3% below HPI
2015 26 FEB	£106,250	£135,362	22% below HPI

38 LODGE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 38 LODGE ROAD sales between February 2015 and January 2019 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 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 38 LODGE ROAD be worth now?

38 LODGE ROAD might now be worth an estimated £235,050.

This is based on house price inflation of 43.3%, between January 2019 and June 2025, for semi-detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.3% inflationary increase is applied to the most recent sale price for 38 LODGE ROAD of £164,000 on 22nd January 2019. For the value to have increased from £164,000 to £235,050 over the five years and seven months to June 2025, the following assumptions must hold true:

• The value of 38 LODGE ROAD has moved in line with the HPI for semi-detached houses in the Broxtowe local authority area.
• The January 2019 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LODGE ROAD has not materially changed since January 2019.

How Large is 38 LODGE ROAD?

38 LODGE ROAD is 84m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% of semi-detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Eastwood, and where 38 LODGE ROAD lies on this distribution: 45% of semi-detached houses houses are smaller than 38 LODGE ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

38 LODGE ROAD: Plot and Title Map

38 LODGE ROAD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 38 LODGE 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 38 LODGE 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 38 LODGE ROAD?

38 LODGE ROAD is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 38 on LODGE ROAD.