18, VERNON AVENUE, OLD BASFORD, NOTTINGHAM, NG6 0AE - £69,500

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 VERNON AVENUE is a very small extended terraced house of 58m², built sometime between 1900 and 1929, which could now be worth an estimated £121,601. It was last sold for £69,500 in October 2015, which was around 31% below the average October 2015 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

18 VERNON AVENUE Sold Prices

Land registry data shows two sales for 18 VERNON AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 18 VERNON AVENUE 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
2015 9 OCT	£69,500	£100,206	31% below HPI
2015 22 JUL	£28,000	£95,313	71% below HPI

18 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 two 18 VERNON AVENUE sales from July 2015 and October 2015 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 2015 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the October 2015 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 18 VERNON AVENUE be worth now?

18 VERNON AVENUE might now be worth an estimated £121,601.

This is based on house price inflation of 75%, between October 2015 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 75% inflationary increase is applied to the most recent sale price for 18 VERNON AVENUE of £69,500 on 9th October 2015. For the value to have increased from £69,500 to £121,601 over the ten years and three months to July 2025, the following assumptions must hold true:

• The value of 18 VERNON AVENUE has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The October 2015 sale price of £69,500 represented a fair market value for the property.
• The size, condition, and specification of 18 VERNON AVENUE has not materially changed since October 2015.

How Large is 18 VERNON AVENUE?

18 VERNON AVENUE is 58m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 18 VERNON AVENUE lies on this distribution: 3% of terraced houses houses are smaller than 18 VERNON AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

18 VERNON AVENUE: Plot and Title Map

18 VERNON AVENUE sits on a plot of roughly 0.019 of an acre, or 75m². The below map shows the location of 18 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 18 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 18 VERNON AVENUE?

18 VERNON AVENUE is located in OLD BASFORD, in the NG6 postcode district. The below map shows the position of No. 18 on VERNON AVENUE.