4, WALLACE AVENUE, CARLTON, NOTTINGHAM, NG4 3AS - £170,000

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.

4 WALLACE AVENUE is a small semi-detached house of 82m², built sometime between 1930 and 1949, which could now be worth an estimated £239,633. It was last sold for £170,000 in October 2018, which was around 1% above the average October 2018 semi-detached price in the Gedling local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

4 WALLACE AVENUE Sold Prices

Land registry data shows four sales for 4 WALLACE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Gedling local authority area for the corresponding sale date. two of the four 4 WALLACE AVENUE sales were for above the average price, and four 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 26 OCT	£170,000	£168,049	1% above HPI
2010 23 JUL	£124,950	£118,753	5% above HPI
2006 6 JUN	£77,700	£128,443	40% below HPI
2003 27 AUG	£82,000	£104,751	22% below HPI

4 WALLACE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gedling local authority area over time, sourced from the HPI. The four 4 WALLACE AVENUE sales between August 2003 and October 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 July 2010 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2018 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 4 WALLACE AVENUE be worth now?

4 WALLACE AVENUE might now be worth an estimated £239,633.

This is based on house price inflation of 41%, between October 2018 and February 2025, for semi-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 41% inflationary increase is applied to the most recent sale price for 4 WALLACE AVENUE of £170,000 on 26th October 2018. For the value to have increased from £170,000 to £239,633 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 WALLACE AVENUE has moved in line with the HPI for semi-detached houses in the Gedling local authority area.
• The October 2018 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WALLACE AVENUE has not materially changed since October 2018.

How Large is 4 WALLACE AVENUE?

4 WALLACE AVENUE is 82m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% of semi-detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Carlton, and where 4 WALLACE AVENUE lies on this distribution: 22% of semi-detached houses houses are smaller than 4 WALLACE AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Carlton.

4 WALLACE AVENUE: Plot and Title Map

4 WALLACE AVENUE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 4 WALLACE 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 4 WALLACE 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 4 WALLACE AVENUE?

4 WALLACE AVENUE is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 4 on WALLACE AVENUE.