9, PHILIP AVENUE, EASTWOOD, NOTTINGHAM, NG16 3HA - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 PHILIP AVENUE is a midsized extended detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £249,127. It was last sold for £175,000 in December 2018, which was around 31% below the average December 2018 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

9 PHILIP AVENUE Sold Prices

Land registry data shows three sales for 9 PHILIP AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 9 PHILIP AVENUE 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
2018 13 DEC	£175,000	£253,769	31% below HPI
2010 11 JUN	£150,000	£193,137	22% below HPI
2009 11 MAY	£110,000	£170,808	36% below HPI

9 PHILIP AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 9 PHILIP AVENUE sales between May 2009 and December 2018 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 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 9 PHILIP AVENUE be worth now?

9 PHILIP AVENUE might now be worth an estimated £249,127.

This is based on house price inflation of 42.4%, between December 2018 and March 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.4% inflationary increase is applied to the most recent sale price for 9 PHILIP AVENUE of £175,000 on 13th December 2018. For the value to have increased from £175,000 to £249,127 over the seven years and nine months to March 2025, the following assumptions must hold true:

• The value of 9 PHILIP AVENUE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The December 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PHILIP AVENUE has not materially changed since December 2018.

How Large is 9 PHILIP AVENUE?

9 PHILIP AVENUE is 82m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastwood, and where 9 PHILIP AVENUE lies on this distribution: 41% of detached houses houses are smaller than 9 PHILIP AVENUE, and 58% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

9 PHILIP AVENUE: Plot and Title Map

9 PHILIP AVENUE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 9 PHILIP AVENUE, 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 9 PHILIP AVENUE). 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 9 PHILIP AVENUE?

9 PHILIP AVENUE is located in EASTWOOD, in the NG16 postcode district. The below map shows the position of No. 9 on PHILIP AVENUE.