40, PROSPECT ROAD, CARLTON, NOTTINGHAM, NG4 1LY - £207,500

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

40 PROSPECT ROAD is a very small detached house of 80m², built sometime between 1900 and 1929. It was last sold for £207,500 in June 2019, which was around 22% below the average June 2019 detached price in the Gedling local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

40 PROSPECT ROAD Sold Prices

Land registry data shows three sales for 40 PROSPECT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 40 PROSPECT 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
2019 28 JUN	£207,500	£266,861	22% below HPI
2005 1 AUG	£155,000	£198,345	22% below HPI
2000 5 MAY	£63,000	£94,888	34% below HPI

40 PROSPECT ROAD 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 three 40 PROSPECT ROAD sales between May 2000 and June 2019 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 August 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2019 sale, which was also at 22% below the HPI.

How Large is 40 PROSPECT ROAD?

40 PROSPECT ROAD is 80m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 40 PROSPECT ROAD lies on this distribution: 20% of detached houses are smaller than 40 PROSPECT ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Carlton.

40 PROSPECT ROAD: Plot and Title Map

40 PROSPECT ROAD sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 40 PROSPECT 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 PROSPECT 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 PROSPECT ROAD?

40 PROSPECT ROAD is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 40 on PROSPECT ROAD.