2, VICTORIA AVENUE, NOTTINGHAM, NG2 4HD - £174,000

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.

2 VICTORIA AVENUE is a large extended terraced house of 129m², built sometime between 1900 and 1929, which could now be worth an estimated £185,675. It was last sold for £174,000 in July 2022, which was around 6% above the average July 2022 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

2 VICTORIA AVENUE Sold Prices

Land registry data shows five sales for 2 VICTORIA AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the City of Nottingham local authority area for the corresponding sale date. Most of the five 2 VICTORIA 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 11 JUL	£174,000	£164,302	6% above HPI
2020 23 DEC	£170,000	£135,376	26% above HPI
2017 7 MAR	£139,500	£104,893	33% above HPI
2000 21 JUL	£37,000	£37,838	2% below HPI
1997 20 JUN	£36,000	£33,138	9% above HPI

2 VICTORIA 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 five 2 VICTORIA AVENUE sales between June 1997 and July 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 December 2020 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2022 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 2 VICTORIA AVENUE be worth now?

2 VICTORIA AVENUE might now be worth an estimated £185,675.

This is based on house price inflation of 6.7%, between July 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 6.7% inflationary increase is applied to the most recent sale price for 2 VICTORIA AVENUE of £174,000 on 11th July 2022. For the value to have increased from £174,000 to £185,675 over the three years to July 2025, the following assumptions must hold true:

• The value of 2 VICTORIA AVENUE has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The July 2022 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VICTORIA AVENUE has not materially changed since July 2022.

How Large is 2 VICTORIA AVENUE?

2 VICTORIA AVENUE is 129m², which includes three extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 30% 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 2 VICTORIA AVENUE lies on this distribution: 74% of terraced houses houses are smaller than 2 VICTORIA AVENUE, and 25% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 VICTORIA AVENUE: Plot and Title Map

2 VICTORIA AVENUE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 2 VICTORIA 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 2 VICTORIA 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 2 VICTORIA AVENUE?

2 VICTORIA AVENUE is located in NOTTINGHAM, in the NG2 postcode district. The below map shows the position of No. 2 on VICTORIA AVENUE.