7, PARK ROAD, NOTTINGHAM, NG7 1LB - £135,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 PARK ROAD is a small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £135,000 in August 2007, which was around 7% below the average August 2007 detached price in the City of Nottingham local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

7 PARK ROAD Sold Prices

Land registry data shows two sales for 7 PARK ROAD 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. One of the two 7 PARK ROAD sales was for below the average price, whilst the other was 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 17 AUG	£135,000	£144,812	7% below HPI
2001 29 JUN	£76,950	£74,730	3% above HPI

7 PARK ROAD 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 PARK ROAD sales from June 2001 and August 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 June 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2007 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 7 PARK ROAD?

7 PARK ROAD is 86m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 7 PARK ROAD lies on this distribution: 26% of detached houses are smaller than 7 PARK ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

7 PARK ROAD: Plot and Title Map

7 PARK ROAD sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 7 PARK 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 7 PARK 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 7 PARK ROAD?

7 PARK ROAD is located in NOTTINGHAM, in the NG7 postcode district. The below map shows the position of No. 7 on PARK ROAD.