40, PENNANT ROAD, NOTTINGHAM, NG6 0JB - £292,000

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 PENNANT ROAD is a small extended detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £293,425. It was last sold for £292,000 in December 2024, which was around 9% below the average December 2024 detached price in the City of Nottingham local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

40 PENNANT ROAD Sold Prices

Land registry data shows four sales for 40 PENNANT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the four 40 PENNANT 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
2024 4 DEC	£292,000	£322,397	9% below HPI
2009 15 OCT	£145,000	£161,453	10% below HPI
2006 1 SEP	£160,000	£186,964	14% below HPI
1995 22 MAY	£59,995	£65,476	8% below HPI

40 PENNANT 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 four 40 PENNANT ROAD sales between May 1995 and December 2024 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 October 2009 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 40 PENNANT ROAD be worth now?

40 PENNANT ROAD might now be worth an estimated £293,425.

This is based on house price inflation of 0.5%, between December 2024 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% inflationary increase is applied to the most recent sale price for 40 PENNANT ROAD of £292,000 on 4th December 2024. For the value to have increased from £292,000 to £293,425 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 40 PENNANT ROAD has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The December 2024 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 40 PENNANT ROAD has not materially changed since December 2024.

How Large is 40 PENNANT ROAD?

40 PENNANT ROAD is 84m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 30% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 40 PENNANT ROAD lies on this distribution: 23% of detached houses houses are smaller than 40 PENNANT ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

40 PENNANT ROAD: Plot and Title Map

40 PENNANT ROAD sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 40 PENNANT 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 PENNANT 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 PENNANT ROAD?

40 PENNANT ROAD is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 40 on PENNANT ROAD.