48, ELM AVENUE, SANDIACRE, NOTTINGHAM, NG10 5EJ - £232,000

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

48 ELM AVENUE is a very large detached house of 144m², built sometime between 1976 and 1982. It was last sold for £232,000 in October 2006, which was around 27% above the average October 2006 detached price in the Erewash local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

48 ELM AVENUE Sold Prices

Land registry data shows two sales for 48 ELM AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 48 ELM AVENUE 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
2006 27 OCT	£232,000	£182,597	27% above HPI
1995 6 JAN	£94,000	£62,555	50% above HPI

48 ELM AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 48 ELM AVENUE sales from January 1995 and October 2006 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 January 1995 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2006 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 48 ELM AVENUE?

48 ELM AVENUE is 144m² according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 48 ELM AVENUE lies on this distribution: 85% of detached houses are smaller than 48 ELM AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

48 ELM AVENUE: Plot and Title Map

48 ELM AVENUE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 48 ELM AVENUE, 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 ELM AVENUE). 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 ELM AVENUE?

48 ELM AVENUE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 48 on ELM AVENUE.