8, THE POINT, NOTTINGHAM, NG3 5BH - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 THE POINT is a very large detached house of 170m², built sometime between 1967 and 1975, which could now be worth an estimated £470,319. It was last sold for £230,000 in February 2013, which was around 45% above the average February 2013 detached price in the City of Nottingham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

8 THE POINT Sold Prices

Land registry data shows four sales for 8 THE POINT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the four 8 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
2013 6 FEB	£230,000	£158,431	45% above HPI
2001 13 NOV	£245,000	£99,974	145% above HPI
1998 10 DEC	£135,000	£73,271	84% above HPI
1997 28 NOV	£135,000	£70,951	90% above HPI

8 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 four 8 THE POINT sales between November 1997 and February 2013 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 2001 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the February 2013 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 8 THE POINT be worth now?

8 THE POINT might now be worth an estimated £470,319.

This is based on house price inflation of 104.5%, between February 2013 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 104.5% inflationary increase is applied to the most recent sale price for 8 THE POINT of £230,000 on 6th February 2013. For the value to have increased from £230,000 to £470,319 over the twelve years to February 2025, the following assumptions must hold true:

• The value of 8 THE POINT has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The February 2013 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE POINT has not materially changed since February 2013.

How Large is 8 THE POINT?

8 THE POINT is 170m² according to the EPC inspection conducted in March 2012. This puts it in the largest 20% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 8 THE POINT lies on this distribution: 89% of detached houses houses are smaller than 8 THE POINT, and 11% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

8 THE POINT: Plot and Title Map

8 THE POINT sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 8 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 8 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 8 THE POINT?

8 THE POINT is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 8 on THE POINT.