41, PENNANT ROAD, NOTTINGHAM, NG6 0JB - £224,000

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

41 PENNANT ROAD is a very small extended detached house of 69m², built sometime between 1983 and 1990. It was last sold for £224,000 in February 2024, which was around 28% below the average February 2024 detached price in the City of Nottingham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

41 PENNANT ROAD Sold Prices

Land registry data shows four sales for 41 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 41 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 1 FEB	£224,000	£312,823	28% below HPI
2005 17 JUN	£128,650	£138,126	7% below HPI
2002 31 MAY	£84,000	£91,911	9% below HPI
1996 11 OCT	£52,950	£54,067	2% below HPI

41 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 41 PENNANT ROAD sales between October 1996 and February 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 June 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 41 PENNANT ROAD?

41 PENNANT ROAD is 69m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 41 PENNANT ROAD lies on this distribution: 9% of detached houses are smaller than 41 PENNANT ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

41 PENNANT ROAD: Plot and Title Map

41 PENNANT ROAD sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 41 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 41 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 41 PENNANT ROAD?

41 PENNANT ROAD is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 41 on PENNANT ROAD.