118, ELFORD RISE, NOTTINGHAM, NG3 2BN - £118,000

118 ELFORD RISE is a very small detached house of 66m², built sometime between 1930 and 1949. It was last sold for £118,000 in March 2006, which was around 13% below the average March 2006 detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was B.

118 ELFORD RISE Sold Prices

Land registry data shows two sales for 118 ELFORD RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 118 ELFORD RISE 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
2006 15 MAR	£118,000	£136,253	13% below HPI
2004 21 JUL	£95,000	£135,804	30% below HPI

118 ELFORD RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 118 ELFORD RISE sales from July 2004 and March 2006 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 July 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2006 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 118 ELFORD RISE?

118 ELFORD RISE is 66m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 118 ELFORD RISE lies on this distribution: 7% of detached houses are smaller than 118 ELFORD RISE, and 92% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

118 ELFORD RISE: Plot and Title Map

118 ELFORD RISE sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of 118 ELFORD RISE, 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 118 ELFORD RISE). 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 118 ELFORD RISE?

118 ELFORD RISE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 118 on ELFORD RISE.