48, MAIN ROAD, GEDLING, NOTTINGHAM, NG4 3HL - £150,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 MAIN ROAD is a large detached house of 117m², built sometime between 1930 and 1949. It was last sold for £150,000 in August 2014, which was around 26% below the average August 2014 detached price in the Gedling local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

48 MAIN ROAD Sold Prices

Land registry data shows four sales for 48 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Most of the four 48 MAIN 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 7 AUG	£150,000	£203,801	26% below HPI
2004 15 DEC	£35,857	£203,266	82% below HPI
1999 1 APR	£90,000	£83,559	8% above HPI
1998 3 APR	£51,000	£79,389	36% below HPI

48 MAIN 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 four 48 MAIN ROAD sales between April 1998 and August 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 2004 sale was for 82% below the HPI. So the extrapolation line tracks at 82% below the HPI over time, until the August 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 48 MAIN ROAD?

48 MAIN ROAD is 117m² according to the EPC inspection conducted in March 2013. This puts it in the largest 30% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 48 MAIN ROAD lies on this distribution: 71% of detached houses are smaller than 48 MAIN ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Carlton.

48 MAIN ROAD: Plot and Title Map

48 MAIN ROAD sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 48 MAIN 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 MAIN 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 MAIN ROAD?

48 MAIN ROAD is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 48 on MAIN ROAD.