3, PARK AVENUE, WOODTHORPE, NOTTINGHAM, NG5 4HS - £400,000

3 PARK AVENUE is a very large extended detached house of 161m², built sometime between 1900 and 1929. It was last sold for £400,000 in September 2018, which was around 51% above the average September 2018 detached price in the Gedling local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

3 PARK AVENUE Sold Prices

Land registry data shows three sales for 3 PARK AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. The three 3 PARK AVENUE sales were a mix of above the average price, and roughly equal to 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 4 SEP	£400,000	£264,807	51% above HPI
1999 6 AUG	£98,950	£87,094	14% above HPI
1998 5 JAN	£80,000	£79,905	Close to HPI

3 PARK 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 three 3 PARK AVENUE sales between January 1998 and September 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 August 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2018 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 3 PARK AVENUE?

3 PARK AVENUE is 161m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 3 PARK AVENUE lies on this distribution: 88% of detached houses are smaller than 3 PARK AVENUE, and 12% of houses are larger. Note that EPC data is not available for all properties in Arnold.

3 PARK AVENUE: Plot and Title Map

3 PARK AVENUE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 3 PARK 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 PARK 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 PARK AVENUE?

3 PARK AVENUE is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 3 on PARK AVENUE.