16, ALMA ROAD, NOTTINGHAM, NG3 2NU - £250,000

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.

16 ALMA ROAD is a small extended detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £252,731. It was last sold for £250,000 in November 2022, which was around 22% below the average November 2022 detached price in the City of Nottingham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

16 ALMA ROAD Sold Prices

Land registry data shows five sales for 16 ALMA ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Most of the five 16 ALMA ROAD 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
2022 7 NOV	£250,000	£320,469	22% below HPI
2017 31 MAR	£90,000	£210,732	57% below HPI
2008 11 JUL	£200,000	£178,563	12% above HPI
2007 16 NOV	£130,000	£183,366	29% below HPI
1996 20 AUG	£49,000	£67,705	28% below HPI

16 ALMA ROAD 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 five 16 ALMA ROAD sales between August 1996 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 March 2017 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the November 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 16 ALMA ROAD be worth now?

16 ALMA ROAD might now be worth an estimated £252,731.

This is based on house price inflation of 1.1%, between November 2022 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 1.1% inflationary increase is applied to the most recent sale price for 16 ALMA ROAD of £250,000 on 7th November 2022. For the value to have increased from £250,000 to £252,731 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 ALMA ROAD has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The November 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ALMA ROAD has not materially changed since November 2022.

How Large is 16 ALMA ROAD?

16 ALMA ROAD is 89m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% 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 16 ALMA ROAD lies on this distribution: 31% of detached houses houses are smaller than 16 ALMA ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

16 ALMA ROAD: Plot and Title Map

16 ALMA ROAD sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 16 ALMA ROAD, 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 16 ALMA ROAD). 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 16 ALMA ROAD?

16 ALMA ROAD is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 16 on ALMA ROAD.