5, JESSOP AVENUE, CODNOR PARK, NOTTINGHAM, NG16 5PU - £225,000

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 JESSOP AVENUE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £225,000 in July 2023, which was around 28% below the average July 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

5 JESSOP AVENUE Sold Prices

Land registry data shows three sales for 5 JESSOP AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 5 JESSOP 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
2023 28 JUL	£225,000	£314,231	28% below HPI
2019 3 MAY	£172,500	£251,175	31% below HPI
2006 15 JUN	£130,000	£190,990	32% below HPI

5 JESSOP AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 5 JESSOP AVENUE sales between June 2006 and July 2023 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 May 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 JESSOP AVENUE?

5 JESSOP AVENUE is 76m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses in Ironville, based on EPC data. The below chart shows the distribution of detached houses by size in Ironville, and where 5 JESSOP AVENUE lies on this distribution: 12% of detached houses are smaller than 5 JESSOP AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ironville.

5 JESSOP AVENUE: Plot and Title Map

5 JESSOP AVENUE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 5 JESSOP 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 JESSOP 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 JESSOP AVENUE?

5 JESSOP AVENUE is located in CODNOR PARK, in the NG16 postcode district. The below map shows the position of No. 5 on JESSOP AVENUE.