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

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.

118 ELFORD RISE is a very small detached house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £222,292. It was last sold for £118,000 in March 2006, which was around 31% 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	£171,974	31% below HPI
2004 21 JUL	£95,000	£171,407	45% 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 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2006 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 118 ELFORD RISE be worth now?

118 ELFORD RISE might now be worth an estimated £222,292.

This is based on house price inflation of 88.4%, between March 2006 and February 2025, for 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 88.4% inflationary increase is applied to the most recent sale price for 118 ELFORD RISE of £118,000 on 15th March 2006. For the value to have increased from £118,000 to £222,292 over the nineteen years and one month to February 2025, the following assumptions must hold true:

• The value of 118 ELFORD RISE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The March 2006 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 118 ELFORD RISE has not materially changed since March 2006.

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 houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 118 ELFORD RISE lies on this distribution: 7% of detached houses 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.