7, THE POINT, NOTTINGHAM, NG3 5BH - £280,000

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 THE POINT is a large detached house of 134m², built sometime between 1967 and 1975. It was last sold for £280,000 in June 2015, which was around 93% above the average June 2015 detached price in the City of Nottingham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

7 THE POINT Sold Prices

Land registry data shows five sales for 7 THE POINT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the five 7 THE POINT 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
2015 26 JUN	£280,000	£145,395	93% above HPI
2005 15 JUN	£279,995	£138,126	103% above HPI
2004 26 NOV	£292,000	£144,684	102% above HPI
2000 25 FEB	£158,000	£62,399	153% above HPI
1997 23 OCT	£61,500	£57,357	7% above HPI

7 THE POINT 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 five 7 THE POINT sales between October 1997 and June 2015 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 2005 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the June 2015 sale, where it falls to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is 7 THE POINT?

7 THE POINT is 134m² according to the EPC inspection conducted in March 2015. This puts it in the largest 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 THE POINT lies on this distribution: 77% of detached houses are smaller than 7 THE POINT, and 23% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

7 THE POINT: Plot and Title Map

7 THE POINT sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 7 THE POINT, 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 THE POINT). 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 THE POINT?

7 THE POINT is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 7 on THE POINT.