8, MAYFAIR GARDENS, NOTTINGHAM, NG5 1LT - £250,000

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

8 MAYFAIR GARDENS is a small extended detached house of 92m², built sometime between 1991 and 1995. It was last sold for £250,000 in August 2023, which was around 24% below the average August 2023 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

8 MAYFAIR GARDENS Sold Prices

Land registry data shows two sales for 8 MAYFAIR GARDENS 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 8 MAYFAIR GARDENS 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
2023 30 AUG	£250,000	£330,435	24% below HPI
2020 10 JUL	£146,000	£258,754	44% below HPI

8 MAYFAIR GARDENS 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 8 MAYFAIR GARDENS sales from July 2020 and August 2023 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 July 2020 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 8 MAYFAIR GARDENS?

8 MAYFAIR GARDENS is 92m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 8 MAYFAIR GARDENS lies on this distribution: 36% of detached houses are smaller than 8 MAYFAIR GARDENS, and 63% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

8 MAYFAIR GARDENS: Plot and Title Map

8 MAYFAIR GARDENS sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 8 MAYFAIR GARDENS, 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 8 MAYFAIR GARDENS). 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 8 MAYFAIR GARDENS?

8 MAYFAIR GARDENS is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 8 on MAYFAIR GARDENS.