48, CHELMSFORD ROAD, NOTTINGHAM, NG7 7EP - £129,000

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.

48 CHELMSFORD ROAD is a midsized detached house of 104m², built sometime before 1900, which could now be worth an estimated £173,817. It was last sold for £129,000 in December 2018, which was around 46% below the average December 2018 detached price in the City of Nottingham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

48 CHELMSFORD ROAD Sold Prices

Land registry data shows three sales for 48 CHELMSFORD 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 City of Nottingham local authority area for the corresponding sale date. All of the three 48 CHELMSFORD 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
2018 18 DEC	£129,000	£240,437	46% below HPI
2004 5 APR	£42,099	£166,101	75% below HPI
1996 17 MAY	£47,000	£65,236	28% below HPI

48 CHELMSFORD 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 three 48 CHELMSFORD ROAD sales between May 1996 and December 2018 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 April 2004 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the December 2018 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 48 CHELMSFORD ROAD be worth now?

48 CHELMSFORD ROAD might now be worth an estimated £173,817.

This is based on house price inflation of 34.7%, between December 2018 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.7% inflationary increase is applied to the most recent sale price for 48 CHELMSFORD ROAD of £129,000 on 18th December 2018. For the value to have increased from £129,000 to £173,817 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 48 CHELMSFORD ROAD has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The December 2018 sale price of £129,000 represented a fair market value for the property.
• The size, condition, and specification of 48 CHELMSFORD ROAD has not materially changed since December 2018.

How Large is 48 CHELMSFORD ROAD?

48 CHELMSFORD ROAD is 104m² according to the EPC inspection conducted in October 2018. This puts it in the largest 50% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 48 CHELMSFORD ROAD lies on this distribution: 52% of detached houses houses are smaller than 48 CHELMSFORD ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

48 CHELMSFORD ROAD: Plot and Title Map

48 CHELMSFORD ROAD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 48 CHELMSFORD 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 48 CHELMSFORD 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 48 CHELMSFORD ROAD?

48 CHELMSFORD ROAD is located in NOTTINGHAM, in the NG7 postcode district. The below map shows the position of No. 48 on CHELMSFORD ROAD.