40, ELM AVENUE, SANDIACRE, NOTTINGHAM, NG10 5EJ - £262,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 ELM AVENUE is a large extended detached house of 113m², built sometime between 1930 and 1949, which could now be worth an estimated £408,081. It was last sold for £262,500 in June 2015, which was around 28% above the average June 2015 detached price in the Erewash local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

40 ELM AVENUE Sold Prices

Land registry data shows two sales for 40 ELM 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 Erewash local authority area for the corresponding sale date. Both of the two 40 ELM 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
2015 3 JUN	£262,500	£205,200	28% above HPI
2006 29 SEP	£210,000	£187,573	12% above HPI

40 ELM AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 40 ELM AVENUE sales from September 2006 and June 2015 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 September 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2015 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 40 ELM AVENUE be worth now?

40 ELM AVENUE might now be worth an estimated £408,081.

This is based on house price inflation of 55.5%, between June 2015 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.5% inflationary increase is applied to the most recent sale price for 40 ELM AVENUE of £262,500 on 3rd June 2015. For the value to have increased from £262,500 to £408,081 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 40 ELM AVENUE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The June 2015 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 40 ELM AVENUE has not materially changed since June 2015.

How Large is 40 ELM AVENUE?

40 ELM AVENUE is 113m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandiacre, and where 40 ELM AVENUE lies on this distribution: 64% of detached houses houses are smaller than 40 ELM AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

40 ELM AVENUE: Plot and Title Map

40 ELM AVENUE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 40 ELM 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 40 ELM 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 40 ELM AVENUE?

40 ELM AVENUE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 40 on ELM AVENUE.