4, FIRST AVENUE, COLWICK, NOTTINGHAM, NG4 2DX - £240,000

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

4 FIRST AVENUE is a midsized extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £240,000 in September 2021, which was around 23% below the average September 2021 detached price in the Gedling local authority area. The most recent EPC inspection was March 2015, where the current energy rating was F, and the potential energy rating was C.

4 FIRST AVENUE Sold Prices

Land registry data shows two sales for 4 FIRST 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 4 FIRST 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
2021 29 SEP	£240,000	£312,622	23% below HPI
2018 31 JAN	£187,000	£252,221	26% below HPI

4 FIRST 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 4 FIRST AVENUE sales from January 2018 and September 2021 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 January 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 FIRST AVENUE?

4 FIRST AVENUE is 100m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 4 FIRST AVENUE lies on this distribution: 49% of detached houses are smaller than 4 FIRST AVENUE, and 50% of houses are larger. Note that EPC data is not available for all properties in Carlton.

4 FIRST AVENUE: Plot and Title Map

4 FIRST AVENUE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 4 FIRST 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 4 FIRST 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 4 FIRST AVENUE?

4 FIRST AVENUE is located in COLWICK, in the NG4 postcode district. The below map shows the position of No. 4 on FIRST AVENUE.