92, SOMERSBY ROAD, WOODTHORPE, NOTTINGHAM, NG5 4LT - £246,000

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.

92 SOMERSBY ROAD is a large extended detached house of 141m², built sometime between 1950 and 1966, which could now be worth an estimated £390,346. It was last sold for £246,000 in September 2016, which was around 4% above the average September 2016 detached price in the Gedling 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.

92 SOMERSBY ROAD Sold Prices

Land registry data shows three sales for 92 SOMERSBY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. One of the three 92 SOMERSBY ROAD sales was for above the average price, whilst two 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
2016 30 SEP	£246,000	£235,654	4% above HPI
2003 26 MAR	£145,000	£166,884	13% below HPI
2001 15 JAN	£82,000	£104,273	21% below HPI

92 SOMERSBY 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 three 92 SOMERSBY ROAD sales between January 2001 and September 2016 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 March 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2016 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 92 SOMERSBY ROAD be worth now?

92 SOMERSBY ROAD might now be worth an estimated £390,346.

This is based on house price inflation of 58.7%, between September 2016 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.7% inflationary increase is applied to the most recent sale price for 92 SOMERSBY ROAD of £246,000 on 30th September 2016. For the value to have increased from £246,000 to £390,346 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 92 SOMERSBY ROAD has moved in line with the HPI for detached houses in the Gedling local authority area.
• The September 2016 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 92 SOMERSBY ROAD has not materially changed since September 2016.

How Large is 92 SOMERSBY ROAD?

92 SOMERSBY ROAD is 141m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 92 SOMERSBY ROAD lies on this distribution: 79% of detached houses houses are smaller than 92 SOMERSBY ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Arnold.

92 SOMERSBY ROAD: Plot and Title Map

92 SOMERSBY ROAD sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 92 SOMERSBY 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 92 SOMERSBY 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 92 SOMERSBY ROAD?

92 SOMERSBY ROAD is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 92 on SOMERSBY ROAD.