PENDLEWOOD, NEWSTEAD ABBEY PARK, NOTTINGHAM, NG15 8GD - £1,295,000

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

PENDLEWOOD is a very large extended detached house of 218m², built sometime between 1930 and 1949. It was last sold for £1,295,000 in April 2024, which was around 263% above the average April 2024 detached price in the Gedling local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

PENDLEWOOD Sold Prices

Land registry data shows three sales for PENDLEWOOD 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. All of the three PENDLEWOOD 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
2024 2 APR	£1,295,000	£356,773	263% above HPI
2014 22 AUG	£380,000	£203,801	86% above HPI
2000 1 SEP	£250,000	£100,189	150% above HPI

PENDLEWOOD 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 PENDLEWOOD sales between September 2000 and April 2024 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 August 2014 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the April 2024 sale, where it rises to 263% above the HPI. The line then continues to track at 263% above the HPI.

How Large is PENDLEWOOD?

PENDLEWOOD is 218m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 20% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where PENDLEWOOD lies on this distribution: 87% of detached houses are smaller than PENDLEWOOD, and 13% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

PENDLEWOOD: Plot and Title Map

PENDLEWOOD sits on a plot of roughly 0.434 of an acre, or 1,758m². The below map shows the location of PENDLEWOOD, 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 PENDLEWOOD). 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 PENDLEWOOD?

PENDLEWOOD is located on NEWSTEAD ABBEY PARK in NOTTINGHAM, in the NG15 postcode district. The below map shows the position of PENDLEWOOD on NEWSTEAD ABBEY PARK.