62, CARMEL GARDENS, ARNOLD, NOTTINGHAM, NG5 6LZ - £116,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

62 CARMEL GARDENS is a very small terraced house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £199,963. It was last sold for £116,500 in October 2014, which was around 13% above the average October 2014 terraced price in the Gedling local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

62 CARMEL GARDENS Sold Prices

Land registry data shows three sales for 62 CARMEL GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gedling local authority area for the corresponding sale date. All of the three 62 CARMEL GARDENS 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
2014 17 OCT	£116,500	£102,704	13% above HPI
2007 1 AUG	£125,000	£104,776	19% above HPI
1995 21 APR	£45,000	£32,587	38% above HPI

62 CARMEL GARDENS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gedling local authority area over time, sourced from the HPI. The three 62 CARMEL GARDENS sales between April 1995 and October 2014 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 August 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2014 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 62 CARMEL GARDENS be worth now?

62 CARMEL GARDENS might now be worth an estimated £199,963.

This is based on house price inflation of 71.6%, between October 2014 and July 2025, for terraced houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.6% inflationary increase is applied to the most recent sale price for 62 CARMEL GARDENS of £116,500 on 17th October 2014. For the value to have increased from £116,500 to £199,963 over the eleven years and three months to July 2025, the following assumptions must hold true:

• The value of 62 CARMEL GARDENS has moved in line with the HPI for terraced houses in the Gedling local authority area.
• The October 2014 sale price of £116,500 represented a fair market value for the property.
• The size, condition, and specification of 62 CARMEL GARDENS has not materially changed since October 2014.

How Large is 62 CARMEL GARDENS?

62 CARMEL GARDENS is 64m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of terraced houses houses in Arnold, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Arnold, and where 62 CARMEL GARDENS lies on this distribution: 4% of terraced houses houses are smaller than 62 CARMEL GARDENS, and 95% of houses are larger. Note that EPC data is not available for all properties in Arnold.

62 CARMEL GARDENS: Plot and Title Map

62 CARMEL GARDENS sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 62 CARMEL GARDENS, 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 62 CARMEL GARDENS). 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 62 CARMEL GARDENS?

62 CARMEL GARDENS is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 62 on CARMEL GARDENS.