5A, CHESTNUT GROVE, NOTTINGHAM, NG3 5AD - £499,950

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

5A CHESTNUT GROVE is a very large detached house of 250m². It was last sold for £499,950 in December 2017, which was around 119% above the average December 2017 detached price in the City of Nottingham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, and the potential energy rating was B.

5A CHESTNUT GROVE Sold Prices

Land registry data shows two sales for 5A CHESTNUT GROVE 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 5A CHESTNUT GROVE 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
2017 7 DEC	£499,950	£227,857	119% above HPI
2001 7 DEC	£133,500	£104,259	28% above HPI

5A CHESTNUT GROVE 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 5A CHESTNUT GROVE sales from December 2001 and December 2017 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 December 2001 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2017 sale, where it rises to 119% above the HPI. The line then continues to track at 119% above the HPI.

What might 5A CHESTNUT GROVE be worth now?

5A CHESTNUT GROVE might now be worth an estimated £708,683.

This is based on house price inflation of 41.8%, between December 2017 and December 2024, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.8% inflationary increase is applied to the most recent sale price for 5A CHESTNUT GROVE of £499,950 on 7th December 2017. For the value to have increased from £499,950 to £708,683 over the seven years to December 2024, the following assumptions must hold true:

• The value of 5A CHESTNUT GROVE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The December 2017 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of 5A CHESTNUT GROVE has not materially changed since December 2017.

How Large is 5A CHESTNUT GROVE?

5A CHESTNUT GROVE is 250m² according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 5A CHESTNUT GROVE lies on this distribution: 97% of detached houses houses are smaller than 5A CHESTNUT GROVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

5A CHESTNUT GROVE: Plot and Title Map

5A CHESTNUT GROVE sits on a plot of roughly 0.200 of an acre, or 810m². The below map shows the location of 5A CHESTNUT GROVE, 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 5A CHESTNUT GROVE). 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 5A CHESTNUT GROVE?

5A CHESTNUT GROVE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 5A on CHESTNUT GROVE.