398, VALLEY ROAD, NOTTINGHAM, NG5 1HY - £162,000

398 VALLEY ROAD is a midsized extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £162,000 in February 2018, which was around 30% below the average February 2018 detached price in the City of Nottingham local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

398 VALLEY ROAD Sold Prices

Land registry data shows five sales for 398 VALLEY ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the five 398 VALLEY 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
2018 16 FEB	£162,000	£230,574	30% below HPI
2014 11 APR	£135,000	£136,569	1% below HPI
2006 7 NOV	£115,500	£145,085	20% below HPI
2004 16 JUL	£130,000	£135,804	4% below HPI
1998 8 JUN	£55,000	£57,655	5% below HPI

398 VALLEY 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 five 398 VALLEY ROAD sales between June 1998 and February 2018 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 April 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 398 VALLEY ROAD?

398 VALLEY ROAD is 96m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 398 VALLEY ROAD lies on this distribution: 42% of detached houses are smaller than 398 VALLEY ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

398 VALLEY ROAD: Plot and Title Map

398 VALLEY ROAD sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 398 VALLEY 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 398 VALLEY 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 398 VALLEY ROAD?

398 VALLEY ROAD is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 398 on VALLEY ROAD.