18, SHIPLEY RISE, CARLTON, NOTTINGHAM, NG4 1BN - £234,000

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.

18 SHIPLEY RISE is a very small detached house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £274,218. It was last sold for £234,000 in October 2021, which was around 27% below the average October 2021 detached price in the Gedling local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

18 SHIPLEY RISE Sold Prices

Land registry data shows two sales for 18 SHIPLEY 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 Gedling local authority area for the corresponding sale date. Both of the two 18 SHIPLEY 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
2021 28 OCT	£234,000	£319,579	27% below HPI
2015 4 DEC	£143,000	£227,637	37% below HPI

18 SHIPLEY RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 18 SHIPLEY RISE sales from December 2015 and October 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 December 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 18 SHIPLEY RISE be worth now?

18 SHIPLEY RISE might now be worth an estimated £274,218.

This is based on house price inflation of 17.2%, between October 2021 and March 2025, for 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 17.2% inflationary increase is applied to the most recent sale price for 18 SHIPLEY RISE of £234,000 on 28th October 2021. For the value to have increased from £234,000 to £274,218 over the four years and seven months to March 2025, the following assumptions must hold true:

• The value of 18 SHIPLEY RISE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The October 2021 sale price of £234,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SHIPLEY RISE has not materially changed since October 2021.

How Large is 18 SHIPLEY RISE?

18 SHIPLEY RISE is 59m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 18 SHIPLEY RISE lies on this distribution: 3% of detached houses houses are smaller than 18 SHIPLEY RISE, and 97% of houses are larger. Note that EPC data is not available for all properties in Carlton.

18 SHIPLEY RISE: Plot and Title Map

18 SHIPLEY RISE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 18 SHIPLEY 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 18 SHIPLEY 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 18 SHIPLEY RISE?

18 SHIPLEY RISE is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 18 on SHIPLEY RISE.