49, SPRINGWOOD GARDENS, WOODTHORPE, NOTTINGHAM, NG5 4HB - £165,000

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

49 SPRINGWOOD GARDENS is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £165,000 in December 2022, which was around 50% below the average December 2022 detached price in the City of Nottingham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

49 SPRINGWOOD GARDENS Sold Prices

Land registry data shows two sales for 49 SPRINGWOOD GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 49 SPRINGWOOD GARDENS 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
2022 19 DEC	£165,000	£330,655	50% below HPI
2020 31 JUL	£233,500	£258,754	10% below HPI

49 SPRINGWOOD GARDENS 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 two 49 SPRINGWOOD GARDENS sales from July 2020 and December 2022 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 July 2020 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2022 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 49 SPRINGWOOD GARDENS?

49 SPRINGWOOD GARDENS is 76m² according to the EPC inspection conducted in June 2019. 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 49 SPRINGWOOD GARDENS lies on this distribution: 16% of detached houses are smaller than 49 SPRINGWOOD GARDENS, and 83% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

49 SPRINGWOOD GARDENS: Plot and Title Map

49 SPRINGWOOD GARDENS sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 49 SPRINGWOOD GARDENS, 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 49 SPRINGWOOD GARDENS). 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 49 SPRINGWOOD GARDENS?

49 SPRINGWOOD GARDENS is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 49 on SPRINGWOOD GARDENS.