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
38 RUSSELL AVENUE is a very large extended detached house of 144m², built sometime between 1930 and 1949. It was last sold for £260,000 in March 2016, which was around 30% above the average March 2016 detached price in the City of Nottingham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 38 RUSSELL AVENUE since 1st 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 38 RUSSELL AVENUE 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 |
---|---|---|---|
2016 29 MAR | £260,000 | £199,565 | 30% above HPI |
1996 16 FEB | £59,500 | £50,328 | 18% above HPI |
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 38 RUSSELL AVENUE sales from February 1996 and March 2016 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 February 1996 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2016 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.
38 RUSSELL AVENUE is 144m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 38 RUSSELL AVENUE lies on this distribution: 82% of detached houses are smaller than 38 RUSSELL AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
38 RUSSELL AVENUE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 38 RUSSELL 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 38 RUSSELL 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.
38 RUSSELL AVENUE is located in WOLLATON, in the NG8 postcode district. The below map shows the position of No. 38 on RUSSELL AVENUE.