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

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 MAIN ROAD is a large detached house of 117m², built sometime between 1930 and 1949, which could now be worth an estimated £274,411. It was last sold for £150,000 in August 2014, which was around 27% 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	£204,399	27% below HPI
2004 15 DEC	£35,857	£203,862	82% below HPI
1999 1 APR	£90,000	£83,804	7% above HPI
1998 3 APR	£51,000	£79,622	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 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 48 MAIN ROAD be worth now?

48 MAIN ROAD might now be worth an estimated £274,411.

This is based on house price inflation of 82.9%, between August 2014 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 82.9% inflationary increase is applied to the most recent sale price for 48 MAIN ROAD of £150,000 on 7th August 2014. For the value to have increased from £150,000 to £274,411 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 48 MAIN ROAD has moved in line with the HPI for detached houses in the Gedling local authority area.
• The August 2014 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 48 MAIN ROAD has not materially changed since August 2014.

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 houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 48 MAIN ROAD lies on this distribution: 71% of detached houses houses are smaller than 48 MAIN ROAD, and 28% 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.