5, ALBERT ROAD, BUNNY, NOTTINGHAM, NG11 6QE - £325,000

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

5 ALBERT ROAD is a small extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £325,000 in May 2017, which was around 6% below the average May 2017 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

5 ALBERT ROAD Sold Prices

Land registry data shows three sales for 5 ALBERT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 5 ALBERT 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
2017 25 MAY	£325,000	£344,539	6% below HPI
2016 18 MAR	£267,500	£335,977	20% below HPI
2004 6 AUG	£229,000	£259,663	12% below HPI

5 ALBERT ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 5 ALBERT ROAD sales between August 2004 and May 2017 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 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 5 ALBERT ROAD?

5 ALBERT ROAD is 114m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Bunny, based on EPC data. The below chart shows the distribution of detached houses by size in Bunny, and where 5 ALBERT ROAD lies on this distribution: 20% of detached houses are smaller than 5 ALBERT ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Bunny.

5 ALBERT ROAD: Plot and Title Map

5 ALBERT ROAD sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 5 ALBERT 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 5 ALBERT 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 5 ALBERT ROAD?

5 ALBERT ROAD is located in BUNNY, in the NG11 postcode district. The below map shows the position of No. 5 on ALBERT ROAD.