PHOENIX, NEWSTEAD ABBEY PARK, NOTTINGHAM, NG15 8GD - £1,401,000

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

PHOENIX is a very large extended detached house of 332m², built sometime between 1983 and 1990. It was last sold for £1,401,000 in May 2021, which was around 359% above the average May 2021 detached price in the Gedling local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was E.

PHOENIX Sold Prices

Land registry data shows two sales for PHOENIX 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 PHOENIX 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
2021 28 MAY	£1,401,000	£305,488	359% above HPI
2013 24 SEP	£760,000	£191,092	298% above HPI

PHOENIX 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 PHOENIX sales from September 2013 and May 2021 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 September 2013 sale was for 298% above the HPI. So the extrapolation line tracks at 298% above the HPI over time, until the May 2021 sale, where it rises to 359% above the HPI. The line then continues to track at 359% above the HPI.

How Large is PHOENIX?

PHOENIX is 332m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the largest 10% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where PHOENIX lies on this distribution: 97% of detached houses are smaller than PHOENIX, and 3% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

PHOENIX: Plot and Title Map

PHOENIX sits on a plot of roughly 1.2 acres, or 4,849m². The below map shows the location of PHOENIX, 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 PHOENIX). 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 PHOENIX?

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