16, PARK TERRACE, NOTTINGHAM, NG1 5DN - £1,061,555

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 PARK TERRACE is a very large extended terraced house of 290m², built sometime before 1900, which could now be worth an estimated £1,267,104. It was last sold for £1,061,555 in May 2021, which was around 653% above the average May 2021 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was May 2009, where the current energy rating was G, and the potential energy rating was E.

16 PARK TERRACE Sold Prices

Land registry data shows four sales for 16 PARK TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the City of Nottingham local authority area for the corresponding sale date. All of the four 16 PARK TERRACE 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
2021 26 MAY	£1,061,555	£140,903	653% above HPI
2010 30 JUL	£765,500	£86,918	781% above HPI
1999 25 OCT	£360,000	£36,343	891% above HPI
1998 3 MAR	£325,000	£31,888	919% above HPI

16 PARK TERRACE 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 four 16 PARK TERRACE sales between March 1998 and May 2021 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 2010 sale was for 781% above the HPI. So the extrapolation line tracks at 781% above the HPI over time, until the May 2021 sale, where it falls to 653% above the HPI. The line then continues to track at 653% above the HPI.

What might 16 PARK TERRACE be worth now?

16 PARK TERRACE might now be worth an estimated £1,267,104.

This is based on house price inflation of 19.4%, between May 2021 and June 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 19.4% inflationary increase is applied to the most recent sale price for 16 PARK TERRACE of £1,061,555 on 26th May 2021. For the value to have increased from £1,061,555 to £1,267,104 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 16 PARK TERRACE has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The May 2021 sale price of £1,061,555 represented a fair market value for the property.
• The size, condition, and specification of 16 PARK TERRACE has not materially changed since May 2021.

How Large is 16 PARK TERRACE?

16 PARK TERRACE is 290m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 10% 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 16 PARK TERRACE lies on this distribution: 98% of terraced houses houses are smaller than 16 PARK TERRACE, and 2% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

16 PARK TERRACE: Plot and Title Map

16 PARK TERRACE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 16 PARK TERRACE, 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 PARK TERRACE). 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 PARK TERRACE?

16 PARK TERRACE is located in NOTTINGHAM, in the NG1 postcode district. The below map shows the position of No. 16 on PARK TERRACE.