124, VERNON AVENUE, OLD BASFORD, NOTTINGHAM, NG6 0AL - £195,000

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.

124 VERNON AVENUE is a large extended terraced house of 113m², built sometime between 1900 and 1929, which could now be worth an estimated £226,501. It was last sold for £195,000 in January 2022, which was around 29% above the average January 2022 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was C.

124 VERNON AVENUE Sold Prices

Land registry data shows three sales for 124 VERNON AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the City of Nottingham local authority area for the corresponding sale date. All of the three 124 VERNON AVENUE 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 7 JAN	£195,000	£150,942	29% above HPI
2001 16 JUL	£47,950	£42,337	13% above HPI
1997 23 DEC	£48,000	£32,241	49% above HPI

124 VERNON AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 124 VERNON AVENUE sales between December 1997 and January 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 July 2001 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 124 VERNON AVENUE be worth now?

124 VERNON AVENUE might now be worth an estimated £226,501.

This is based on house price inflation of 16.2%, between January 2022 and July 2025, for terraced 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 16.2% inflationary increase is applied to the most recent sale price for 124 VERNON AVENUE of £195,000 on 7th January 2022. For the value to have increased from £195,000 to £226,501 over the two years and six months to July 2025, the following assumptions must hold true:

• The value of 124 VERNON AVENUE has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The January 2022 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 124 VERNON AVENUE has not materially changed since January 2022.

How Large is 124 VERNON AVENUE?

124 VERNON AVENUE is 113m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 40% of terraced houses houses in Nottingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Nottingham, and where 124 VERNON AVENUE lies on this distribution: 61% of terraced houses houses are smaller than 124 VERNON AVENUE, and 38% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

124 VERNON AVENUE: Plot and Title Map

124 VERNON AVENUE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 124 VERNON AVENUE, 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 124 VERNON AVENUE). 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 124 VERNON AVENUE?

124 VERNON AVENUE is located in OLD BASFORD, in the NG6 postcode district. The below map shows the position of No. 124 on VERNON AVENUE.