Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
42 MAGDALA ROAD is a very large extended detached house of 271m², built sometime between 1950 and 1966. It was last sold for £680,000 in November 2019, which was around 173% above the average November 2019 detached price in the City of Nottingham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 42 MAGDALA ROAD since 1st 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. Both of the two 42 MAGDALA ROAD 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 |
---|---|---|---|
2019 29 NOV | £680,000 | £249,451 | 173% above HPI |
2014 7 MAR | £349,260 | £136,906 | 155% above HPI |
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 42 MAGDALA ROAD sales from March 2014 and November 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 March 2014 sale was for 155% above the HPI. So the extrapolation line tracks at 155% above the HPI over time, until the November 2019 sale, where it rises to 173% above the HPI. The line then continues to track at 173% above the HPI.
42 MAGDALA ROAD is 271m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 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 42 MAGDALA ROAD lies on this distribution: 98% of detached houses are smaller than 42 MAGDALA ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
42 MAGDALA ROAD sits on a plot of roughly 0.290 of an acre, or 1,174m². The below map shows the location of 42 MAGDALA 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 42 MAGDALA 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.
42 MAGDALA ROAD is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 42 on MAGDALA ROAD.