8, PARK ROAD, WOODTHORPE, NOTTINGHAM, NG5 4HR - £440,000

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

8 PARK ROAD is a very large extended detached house of 163m², built sometime between 1900 and 1929. It was last sold for £440,000 in May 2019, which was around 64% above the average May 2019 detached price in the Gedling local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

8 PARK ROAD Sold Prices

Land registry data shows two sales for 8 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 Gedling local authority area for the corresponding sale date. Both of the two 8 PARK 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
2019 30 MAY	£440,000	£267,501	64% above HPI
2016 5 JUL	£370,000	£232,091	59% above HPI

8 PARK 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 8 PARK ROAD sales from July 2016 and May 2019 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 2016 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the May 2019 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 8 PARK ROAD?

8 PARK ROAD is 163m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 20% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 8 PARK ROAD lies on this distribution: 88% of detached houses are smaller than 8 PARK ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Arnold.

8 PARK ROAD: Plot and Title Map

8 PARK ROAD sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 8 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 8 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 8 PARK ROAD?

8 PARK ROAD is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 8 on PARK ROAD.