12, THE ELMS, COLWICK, NOTTINGHAM, NG4 2FW - £247,000

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.

12 THE ELMS is a small semi-detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £257,117. It was last sold for £247,000 in February 2023, which was around 9% above the average February 2023 semi-detached price in the Gedling local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

12 THE ELMS Sold Prices

Land registry data shows four sales for 12 THE ELMS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Gedling local authority area for the corresponding sale date. The four 12 THE ELMS sales were a mix of above the average price, and roughly equal to 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
2023 14 FEB	£247,000	£226,527	9% above HPI
2014 10 APR	£124,999	£123,932	1% above HPI
2009 16 JAN	£112,000	£112,347	Close to HPI
2004 30 APR	£116,000	£111,470	4% above HPI

12 THE ELMS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gedling local authority area over time, sourced from the HPI. The four 12 THE ELMS sales between April 2004 and February 2023 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 April 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 12 THE ELMS be worth now?

12 THE ELMS might now be worth an estimated £257,117.

This is based on house price inflation of 4.1%, between February 2023 and May 2026, for semi-detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.1% inflationary increase is applied to the most recent sale price for 12 THE ELMS of £247,000 on 14th February 2023. For the value to have increased from £247,000 to £257,117 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 12 THE ELMS has moved in line with the HPI for semi-detached houses in the Gedling local authority area.
• The February 2023 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE ELMS has not materially changed since February 2023.

How Large is 12 THE ELMS?

12 THE ELMS is 88m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of semi-detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Carlton, and where 12 THE ELMS lies on this distribution: 31% of semi-detached houses houses are smaller than 12 THE ELMS, and 67% of houses are larger. Note that EPC data is not available for all properties in Carlton.

12 THE ELMS: Plot and Title Map

12 THE ELMS sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 12 THE ELMS, 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 12 THE ELMS). 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 12 THE ELMS?

12 THE ELMS is located in COLWICK, in the NG4 postcode district. The below map shows the position of No. 12 on THE ELMS.