3, MORELLO AVENUE, CARLTON, NOTTINGHAM, NG4 3BU - £142,500

3 MORELLO AVENUE is a very small detached house of 54m², built sometime between 1976 and 1982. It was last sold for £142,500 in February 2018, which was around 45% below the average February 2018 detached price in the Gedling local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

3 MORELLO AVENUE Sold Prices

Land registry data shows two sales for 3 MORELLO AVENUE 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 3 MORELLO 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
2018 8 FEB	£142,500	£257,158	45% below HPI
1995 27 JAN	£59,950	£73,753	19% below HPI

3 MORELLO AVENUE 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 3 MORELLO AVENUE sales from January 1995 and February 2018 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 January 1995 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 3 MORELLO AVENUE?

3 MORELLO AVENUE is 54m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 3 MORELLO AVENUE lies on this distribution: 1% of detached houses are smaller than 3 MORELLO AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Carlton.

3 MORELLO AVENUE: Plot and Title Map

3 MORELLO AVENUE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 3 MORELLO 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 3 MORELLO 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 3 MORELLO AVENUE?

3 MORELLO AVENUE is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 3 on MORELLO AVENUE.