5, VERNON AVENUE, WILFORD, NOTTINGHAM, NG11 7AE - £425,000

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 VERNON AVENUE is a midsized extended detached house of 107m², built sometime between 1930 and 1949. It was last sold for £425,000 in June 2021, which was around 53% above the average June 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

5 VERNON AVENUE Sold Prices

Land registry data shows two sales for 5 VERNON 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 City of Nottingham local authority area for the corresponding sale date. Both of the two 5 VERNON AVENUE 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
2021 28 JUN	£425,000	£278,305	53% above HPI
1997 25 JUL	£77,000	£56,982	35% above HPI

5 VERNON AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 5 VERNON AVENUE sales from July 1997 and June 2021 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 1997 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2021 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 5 VERNON AVENUE?

5 VERNON AVENUE is 107m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Wilford, based on EPC data. The below chart shows the distribution of detached houses by size in Wilford, and where 5 VERNON AVENUE lies on this distribution: 51% of detached houses are smaller than 5 VERNON AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Wilford.

5 VERNON AVENUE: Plot and Title Map

5 VERNON AVENUE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 5 VERNON 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 VERNON 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 VERNON AVENUE?

5 VERNON AVENUE is located in WILFORD, in the NG11 postcode district. The below map shows the position of No. 5 on VERNON AVENUE.