42, PROSPECT ROAD, CARLTON, NOTTINGHAM, NG4 1LY - £145,000

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.

42 PROSPECT ROAD is a small detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £271,526. It was last sold for £145,000 in February 2014, which was around 27% below the average February 2014 detached price in the Gedling local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was C.

42 PROSPECT ROAD Sold Prices

Land registry data shows three sales for 42 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 42 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
2014 14 FEB	£145,000	£199,685	27% below HPI
2002 8 MAR	£95,000	£129,010	26% below HPI
1995 17 NOV	£50,000	£73,147	32% below HPI

42 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 42 PROSPECT ROAD sales between November 1995 and February 2014 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 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 42 PROSPECT ROAD be worth now?

42 PROSPECT ROAD might now be worth an estimated £271,526.

This is based on house price inflation of 87.3%, between February 2014 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 87.3% inflationary increase is applied to the most recent sale price for 42 PROSPECT ROAD of £145,000 on 14th February 2014. For the value to have increased from £145,000 to £271,526 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 42 PROSPECT ROAD has moved in line with the HPI for detached houses in the Gedling local authority area.
• The February 2014 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 42 PROSPECT ROAD has not materially changed since February 2014.

How Large is 42 PROSPECT ROAD?

42 PROSPECT ROAD is 90m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 42 PROSPECT ROAD lies on this distribution: 34% of detached houses houses are smaller than 42 PROSPECT ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Carlton.

42 PROSPECT ROAD: Plot and Title Map

42 PROSPECT ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 42 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 42 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 42 PROSPECT ROAD?

42 PROSPECT ROAD is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 42 on PROSPECT ROAD.