7, FAR RYE, NOTTINGHAM, NG8 1GJ - £420,000

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

7 FAR RYE is a large extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £420,000 in September 2021, which was around 49% above the average September 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

7 FAR RYE Sold Prices

Land registry data shows two sales for 7 FAR RYE 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 7 FAR RYE 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
2021 29 SEP	£420,000	£282,551	49% above HPI
1997 24 JAN	£88,000	£67,417	31% above HPI

7 FAR RYE 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 7 FAR RYE sales from January 1997 and September 2021 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 January 1997 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2021 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 7 FAR RYE be worth now?

7 FAR RYE might now be worth an estimated £480,109.

This is based on house price inflation of 14.3%, between September 2021 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 14.3% inflationary increase is applied to the most recent sale price for 7 FAR RYE of £420,000 on 29th September 2021. For the value to have increased from £420,000 to £480,109 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 7 FAR RYE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The September 2021 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FAR RYE has not materially changed since September 2021.

How Large is 7 FAR RYE?

7 FAR RYE is 113m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 40% 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 7 FAR RYE lies on this distribution: 62% of detached houses houses are smaller than 7 FAR RYE, and 38% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

7 FAR RYE: Plot and Title Map

7 FAR RYE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 7 FAR RYE, 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 7 FAR RYE). 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 7 FAR RYE?

7 FAR RYE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 7 on FAR RYE.