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
487 VALLEY ROAD is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £137,000 in November 2006, which was around 6% below the average November 2006 detached price in the City of Nottingham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 487 VALLEY ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the four 487 VALLEY 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 |
---|---|---|---|
2006 14 NOV | £137,000 | £145,085 | 6% below HPI |
2005 22 MAR | £133,000 | £141,707 | 6% below HPI |
2004 3 MAY | £110,000 | £131,172 | 16% below HPI |
2002 14 JUN | £88,250 | £93,473 | 6% below HPI |
The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four 487 VALLEY ROAD sales between June 2002 and November 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 March 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2006 sale, which was also at 6% below the HPI.
487 VALLEY ROAD is 79m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 487 VALLEY ROAD lies on this distribution: 19% of detached houses are smaller than 487 VALLEY ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
487 VALLEY ROAD sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 487 VALLEY 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 487 VALLEY 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.
487 VALLEY ROAD is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 487 on VALLEY ROAD.