406, NEW RISE, NOTTINGHAM, NG11 8DB - £395,000

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.

406 NEW RISE is a very small detached house of 73m², built sometime between 2007 and 2011, which could now be worth an estimated £386,948. It was last sold for £395,000 in June 2023, which was around 22% above the average June 2023 detached price in the City of Nottingham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

406 NEW RISE Sold Prices

Land registry data shows two sales for 406 NEW RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. One of the two 406 NEW RISE 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
2023 30 JUN	£395,000	£325,000	22% above HPI
2022 13 JAN	£251,250	£295,105	15% below HPI

406 NEW RISE 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 two 406 NEW RISE sales from January 2022 and June 2023 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 January 2022 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2023 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 406 NEW RISE be worth now?

406 NEW RISE might now be worth an estimated £386,948.

This is based on house price deflation of 2%, between June 2023 and June 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 2% deflationary decrease is applied to the most recent sale price for 406 NEW RISE of £395,000 on 30th June 2023. For the value to have decreased from £395,000 to £386,948 over the two years to June 2025, the following assumptions must hold true:

• The value of 406 NEW RISE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The June 2023 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 406 NEW RISE has not materially changed since June 2023.

How Large is 406 NEW RISE?

406 NEW RISE is 73m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses houses in Clifton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clifton, and where 406 NEW RISE lies on this distribution: 7% of detached houses houses are smaller than 406 NEW RISE, and 92% of houses are larger. Note that EPC data is not available for all properties in Clifton.

406 NEW RISE: Plot and Title Map

406 NEW RISE sits on a plot of roughly 21.1 acres, or 85,284m². The below map shows the location of 406 NEW RISE, 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 406 NEW RISE). 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 406 NEW RISE?

406 NEW RISE is located in NOTTINGHAM, in the NG11 postcode district. The below map shows the position of No. 406 on NEW RISE.