4, REDWOOD AVENUE, NOTTINGHAM, NG8 2SG - £407,000

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 REDWOOD AVENUE is a large extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £407,000 in September 2018, which was around 67% above the average September 2018 detached price in the City of Nottingham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

4 REDWOOD AVENUE Sold Prices

Land registry data shows three sales for 4 REDWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the three 4 REDWOOD 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
2018 18 SEP	£407,000	£243,577	67% above HPI
2008 15 JUL	£249,000	£141,474	76% above HPI
2003 7 NOV	£202,000	£129,548	56% above HPI

4 REDWOOD AVENUE 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 three 4 REDWOOD AVENUE sales between November 2003 and September 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 July 2008 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the September 2018 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 4 REDWOOD AVENUE?

4 REDWOOD AVENUE is 119m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 4 REDWOOD AVENUE lies on this distribution: 68% of detached houses are smaller than 4 REDWOOD AVENUE, and 31% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

4 REDWOOD AVENUE: Plot and Title Map

4 REDWOOD AVENUE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 4 REDWOOD 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 REDWOOD 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 REDWOOD AVENUE?

4 REDWOOD AVENUE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 4 on REDWOOD AVENUE.