48, CARMEL GARDENS, ARNOLD, NOTTINGHAM, NG5 6LZ - £117,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

48 CARMEL GARDENS is a very small semi-detached house of 63m², built sometime between 1967 and 1975. It was last sold for £117,500 in May 2014, which was around 40% below the average May 2014 detached price in the Gedling local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was C.

48 CARMEL GARDENS Sold Prices

Land registry data shows five sales for 48 CARMEL GARDENS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the five 48 CARMEL GARDENS 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 22 MAY	£117,500	£196,438	40% below HPI
2008 23 DEC	£100,000	£183,535	46% below HPI
2002 12 APR	£75,000	£128,375	42% below HPI
1999 17 DEC	£55,000	£90,288	39% below HPI
1998 13 JAN	£47,000	£79,905	41% below HPI

48 CARMEL GARDENS 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 five 48 CARMEL GARDENS sales between January 1998 and May 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 December 2008 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2014 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 48 CARMEL GARDENS?

48 CARMEL GARDENS is 63m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 48 CARMEL GARDENS lies on this distribution: 4% of detached houses are smaller than 48 CARMEL GARDENS, and 96% of houses are larger. Note that EPC data is not available for all properties in Arnold.

48 CARMEL GARDENS: Plot and Title Map

48 CARMEL GARDENS sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 48 CARMEL GARDENS, 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 48 CARMEL GARDENS). 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 48 CARMEL GARDENS?

48 CARMEL GARDENS is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 48 on CARMEL GARDENS.