78, GRANGEWOOD ROAD, NOTTINGHAM, NG8 2SW - £272,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

78 GRANGEWOOD ROAD is a small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £272,500 in May 2017, which was around 25% above the average May 2017 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

78 GRANGEWOOD ROAD Sold Prices

Land registry data shows two sales for 78 GRANGEWOOD 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. Both of the two 78 GRANGEWOOD ROAD 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
2017 2 MAY	£272,500	£218,349	25% above HPI
2007 30 NOV	£244,250	£145,279	68% above HPI

78 GRANGEWOOD 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 78 GRANGEWOOD ROAD sales from November 2007 and May 2017 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 November 2007 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the May 2017 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 78 GRANGEWOOD ROAD?

78 GRANGEWOOD ROAD is 89m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 78 GRANGEWOOD ROAD lies on this distribution: 31% of detached houses are smaller than 78 GRANGEWOOD ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

78 GRANGEWOOD ROAD: Plot and Title Map

78 GRANGEWOOD ROAD sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 78 GRANGEWOOD 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 78 GRANGEWOOD 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 78 GRANGEWOOD ROAD?

78 GRANGEWOOD ROAD is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 78 on GRANGEWOOD ROAD.