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

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.

5 CRANSTON AVENUE is a very small extended detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £294,694. 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	£238,548	21% below HPI
2006 12 DEC	£136,000	£203,529	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.

What might 5 CRANSTON AVENUE be worth now?

5 CRANSTON AVENUE might now be worth an estimated £294,694.

This is based on house price inflation of 56.8%, between December 2016 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 56.8% inflationary increase is applied to the most recent sale price for 5 CRANSTON AVENUE of £188,000 on 16th December 2016. For the value to have increased from £188,000 to £294,694 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 CRANSTON AVENUE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The December 2016 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CRANSTON AVENUE has not materially changed since December 2016.

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 houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 5 CRANSTON AVENUE lies on this distribution: 14% of detached houses 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.