5, MAIN STREET, PAPPLEWICK, NOTTINGHAM, NG15 8FD - £245,000

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 MAIN STREET is a very small detached house of 77m², which could now be worth an estimated £482,200. It was last sold for £245,000 in July 2010, which was around 29% above the average July 2010 detached price in the Gedling local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was E.

5 MAIN STREET Sold Prices

Land registry data shows three sales for 5 MAIN STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 5 MAIN STREET sales were for above 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
2010 30 JUL	£245,000	£189,989	29% above HPI
2001 2 NOV	£140,000	£121,851	15% above HPI
1999 8 OCT	£116,000	£89,681	29% above HPI

5 MAIN STREET 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 three 5 MAIN STREET sales between October 1999 and July 2010 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 November 2001 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2010 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 5 MAIN STREET be worth now?

5 MAIN STREET might now be worth an estimated £482,200.

This is based on house price inflation of 96.8%, between July 2010 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 96.8% inflationary increase is applied to the most recent sale price for 5 MAIN STREET of £245,000 on 30th July 2010. For the value to have increased from £245,000 to £482,200 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 5 MAIN STREET has moved in line with the HPI for detached houses in the Gedling local authority area.
• The July 2010 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MAIN STREET has not materially changed since July 2010.

How Large is 5 MAIN STREET?

5 MAIN STREET is 77m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses houses in Papplewick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Papplewick, and where 5 MAIN STREET lies on this distribution: Less than 1% of detached houses houses are smaller than 5 MAIN STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Papplewick.

5 MAIN STREET: Plot and Title Map

5 MAIN STREET sits on a plot of roughly 0.250 of an acre, or 1,011m². The below map shows the location of 5 MAIN STREET, 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 MAIN STREET). 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 MAIN STREET?

5 MAIN STREET is located in PAPPLEWICK, in the NG15 postcode district. The below map shows the position of No. 5 on MAIN STREET.