7, PROSPECT ROAD, CARLTON, NOTTINGHAM, NG4 1LX - £130,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

7 PROSPECT ROAD is a small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £130,000 in March 2003, which was around 22% below the average March 2003 detached price in the Gedling local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

7 PROSPECT ROAD Sold Prices

Land registry data shows two sales for 7 PROSPECT 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 Gedling local authority area for the corresponding sale date. Both of the two 7 PROSPECT 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
2003 7 MAR	£130,000	£166,396	22% below HPI
1996 2 AUG	£56,500	£75,375	25% below HPI

7 PROSPECT ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 7 PROSPECT ROAD sales from August 1996 and March 2003 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 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2003 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 7 PROSPECT ROAD?

7 PROSPECT ROAD is 84m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 7 PROSPECT ROAD lies on this distribution: 25% of detached houses are smaller than 7 PROSPECT ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Carlton.

7 PROSPECT ROAD: Plot and Title Map

7 PROSPECT ROAD sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 7 PROSPECT 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 PROSPECT 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 PROSPECT ROAD?

7 PROSPECT ROAD is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 7 on PROSPECT ROAD.