5, CRANSTON AVENUE, ARNOLD, NOTTINGHAM, NG5 8DP - £188,000

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 CRANSTON AVENUE is a very small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £188,000 in December 2016, which was around 21% below the average December 2016 detached price in the Gedling local authority area. The most recent EPC inspection was June 2016, where the current energy rating was G, and the potential energy rating was D.

5 CRANSTON AVENUE Sold Prices

Land registry data shows two sales for 5 CRANSTON AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 5 CRANSTON AVENUE 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
2016 16 DEC	£188,000	£237,850	21% below HPI
2006 12 DEC	£136,000	£202,934	33% below HPI

5 CRANSTON AVENUE 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 two 5 CRANSTON AVENUE sales from December 2006 and December 2016 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 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 CRANSTON AVENUE?

5 CRANSTON AVENUE is 78m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 5 CRANSTON AVENUE lies on this distribution: 14% of detached houses are smaller than 5 CRANSTON AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Arnold.

5 CRANSTON AVENUE: Plot and Title Map

5 CRANSTON AVENUE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 5 CRANSTON AVENUE, 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 CRANSTON AVENUE). 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 CRANSTON AVENUE?

5 CRANSTON AVENUE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 5 on CRANSTON AVENUE.