58, NEW ROAD, CODNOR PARK, NOTTINGHAM, NG16 5PN - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

58 NEW ROAD is a very small extended detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £229,359. It was last sold for £220,000 in September 2024, which was around 33% below the average September 2024 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

58 NEW ROAD Sold Prices

Land registry data shows four sales for 58 NEW 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 Amber Valley local authority area for the corresponding sale date. All of the four 58 NEW ROAD 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
2024 6 SEP	£220,000	£326,013	33% below HPI
2020 20 NOV	£180,000	£267,620	33% below HPI
2016 5 OCT	£135,000	£227,564	41% below HPI
2002 22 NOV	£92,950	£122,641	24% below HPI

58 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The four 58 NEW ROAD sales between November 2002 and September 2024 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 2020 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2024 sale, which was also at 33% below the HPI.

What might 58 NEW ROAD be worth now?

58 NEW ROAD might now be worth an estimated £229,359.

This is based on house price inflation of 4.3%, between September 2024 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.3% inflationary increase is applied to the most recent sale price for 58 NEW ROAD of £220,000 on 6th September 2024. For the value to have increased from £220,000 to £229,359 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 58 NEW ROAD has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The September 2024 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 58 NEW ROAD has not materially changed since September 2024.

How Large is 58 NEW ROAD?

58 NEW ROAD is 75m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses houses in Ironville, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ironville, and where 58 NEW ROAD lies on this distribution: 10% of detached houses houses are smaller than 58 NEW ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Ironville.

58 NEW ROAD: Plot and Title Map

58 NEW ROAD sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 58 NEW 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 58 NEW 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 58 NEW ROAD?

58 NEW ROAD is located in CODNOR PARK, in the NG16 postcode district. The below map shows the position of No. 58 on NEW ROAD.