40, ALBERT ROAD, WEST BRIDGFORD, NOTTINGHAM, NG2 5GS - £693,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 ALBERT ROAD is a very large extended detached house of 195m², built sometime between 1976 and 1982. It was last sold for £693,000 in May 2022, which was around 55% above the average May 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

40 ALBERT ROAD Sold Prices

Land registry data shows two sales for 40 ALBERT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. One of the two 40 ALBERT ROAD sales was for above the average price, whilst the other was 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
2022 12 MAY	£693,000	£446,276	55% above HPI
2016 24 MAR	£297,000	£335,977	12% below HPI

40 ALBERT ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 40 ALBERT ROAD sales from March 2016 and May 2022 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 March 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2022 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 40 ALBERT ROAD?

40 ALBERT ROAD is 195m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 10% of detached houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses by size in West Bridgford, and where 40 ALBERT ROAD lies on this distribution: 91% of detached houses are smaller than 40 ALBERT ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

40 ALBERT ROAD: Plot and Title Map

40 ALBERT ROAD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 40 ALBERT 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 40 ALBERT 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 40 ALBERT ROAD?

40 ALBERT ROAD is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 40 on ALBERT ROAD.