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
427 VALLEY ROAD is a small detached house of 90m², built sometime between 1930 and 1949. It was last sold for £143,000 in January 2007, which was around 1% below the average January 2007 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 427 VALLEY ROAD since 1st 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. The four 427 VALLEY ROAD sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2007 19 JAN | £143,000 | £144,302 | 1% below HPI |
2003 24 JUL | £128,000 | £127,411 | Close to HPI |
1998 11 SEP | £58,950 | £59,082 | Close to HPI |
1997 14 NOV | £43,000 | £56,214 | 24% below 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 four 427 VALLEY ROAD sales between November 1997 and January 2007 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 July 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2007 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
427 VALLEY ROAD is 90m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 427 VALLEY ROAD lies on this distribution: 33% of detached houses are smaller than 427 VALLEY ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
427 VALLEY ROAD sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 427 VALLEY 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 427 VALLEY 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.
427 VALLEY ROAD is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 427 on VALLEY ROAD.