5, RUSSET AVENUE, CARLTON, NOTTINGHAM, NG4 3BT - £165,000

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 RUSSET AVENUE is a very small detached house of 62m², which could now be worth an estimated £273,894. It was last sold for £165,000 in November 2015, which was around 27% below the average November 2015 detached price in the Gedling local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

5 RUSSET AVENUE Sold Prices

Land registry data shows two sales for 5 RUSSET 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 RUSSET 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
2015 23 NOV	£165,000	£225,263	27% below HPI
2004 2 JUL	£133,500	£191,464	30% below HPI

5 RUSSET 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 RUSSET AVENUE sales from July 2004 and November 2015 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 July 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 RUSSET AVENUE be worth now?

5 RUSSET AVENUE might now be worth an estimated £273,894.

This is based on house price inflation of 66%, between November 2015 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 66% inflationary increase is applied to the most recent sale price for 5 RUSSET AVENUE of £165,000 on 23rd November 2015. For the value to have increased from £165,000 to £273,894 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 RUSSET AVENUE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The November 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RUSSET AVENUE has not materially changed since November 2015.

How Large is 5 RUSSET AVENUE?

5 RUSSET AVENUE is 62m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 5 RUSSET AVENUE lies on this distribution: 5% of detached houses houses are smaller than 5 RUSSET AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Carlton.

5 RUSSET AVENUE: Plot and Title Map

5 RUSSET AVENUE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 5 RUSSET 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 RUSSET 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 RUSSET AVENUE?

5 RUSSET AVENUE is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 5 on RUSSET AVENUE.