THE NOOK, ALBERT ROAD, NOTTINGHAM, NG3 4JD - £550,000

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.

THE NOOK is a very large extended semi-detached house of 194m², built sometime before 1900, which could now be worth an estimated £567,133. It was last sold for £550,000 in November 2022, which was around 163% above the average November 2022 semi-detached price in the City of Nottingham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

THE NOOK Sold Prices

Land registry data shows two sales for THE NOOK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two THE NOOK 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
2022 16 NOV	£550,000	£208,988	163% above HPI
2014 9 DEC	£395,000	£118,541	233% above HPI

THE NOOK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two THE NOOK sales from December 2014 and November 2022 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 December 2014 sale was for 233% above the HPI. So the extrapolation line tracks at 233% above the HPI over time, until the November 2022 sale, where it falls to 163% above the HPI. The line then continues to track at 163% above the HPI.

What might THE NOOK be worth now?

THE NOOK might now be worth an estimated £567,133.

This is based on house price inflation of 3.1%, between November 2022 and February 2025, for semi-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 3.1% inflationary increase is applied to the most recent sale price for THE NOOK of £550,000 on 16th November 2022. For the value to have increased from £550,000 to £567,133 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of THE NOOK has moved in line with the HPI for semi-detached houses in the City of Nottingham local authority area.
• The November 2022 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of THE NOOK has not materially changed since November 2022.

How Large is THE NOOK?

THE NOOK is 194m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of semi-detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nottingham, and where THE NOOK lies on this distribution: 93% of semi-detached houses houses are smaller than THE NOOK, and 7% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of THE NOOK, 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 THE NOOK). 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 THE NOOK?

THE NOOK is located on ALBERT ROAD in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of THE NOOK on ALBERT ROAD.