50, LORIMER AVENUE, GEDLING, NOTTINGHAM, NG4 4WA - £245,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

50 LORIMER AVENUE is a very small extended semi-detached house of 69m², built sometime between 1967 and 1975. It was last sold for £245,000 in May 2022, which was around 27% below the average May 2022 detached price in the Gedling local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

50 LORIMER AVENUE Sold Prices

Land registry data shows four sales for 50 LORIMER AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the four 50 LORIMER 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
2022 26 MAY	£245,000	£335,963	27% below HPI
2003 27 JUN	£112,500	£175,247	36% below HPI
2002 25 JAN	£83,000	£124,150	33% below HPI
1998 29 OCT	£59,995	£82,895	28% below HPI

50 LORIMER 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 four 50 LORIMER AVENUE sales between October 1998 and May 2022 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 June 2003 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 50 LORIMER AVENUE?

50 LORIMER AVENUE is 69m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 50 LORIMER AVENUE lies on this distribution: 8% of detached houses are smaller than 50 LORIMER AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Carlton.

50 LORIMER AVENUE: Plot and Title Map

50 LORIMER AVENUE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 50 LORIMER 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 50 LORIMER 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 50 LORIMER AVENUE?

50 LORIMER AVENUE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 50 on LORIMER AVENUE.