51, LEES ROAD, NOTTINGHAM, NG3 6GZ - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

51 LEES ROAD is a small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £240,000 in July 2007, which was around 18% above the average July 2007 detached price in the Gedling local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

51 LEES ROAD Sold Prices

Land registry data shows four sales for 51 LEES ROAD 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. Most of the four 51 LEES ROAD 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
2007 31 JUL	£240,000	£203,577	18% above HPI
2002 31 MAY	£159,950	£131,378	22% above HPI
2000 21 JUL	£97,000	£97,780	1% below HPI
1998 23 JAN	£86,000	£79,905	8% above HPI

51 LEES ROAD 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 51 LEES ROAD sales between January 1998 and July 2007 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 2002 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2007 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 51 LEES ROAD?

51 LEES ROAD is 90m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 51 LEES ROAD lies on this distribution: 34% of detached houses are smaller than 51 LEES ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Carlton.

51 LEES ROAD: Plot and Title Map

51 LEES ROAD sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 51 LEES ROAD, 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 51 LEES ROAD). 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 51 LEES ROAD?

51 LEES ROAD is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 51 on LEES ROAD.