Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
41 SPRINGWOOD GARDENS is a very large extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £236,000 in December 2015, which was around 50% above the average December 2015 detached price in the City of Nottingham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows three sales for 41 SPRINGWOOD GARDENS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the three 41 SPRINGWOOD GARDENS 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 |
---|---|---|---|
2015 9 DEC | £236,000 | £157,669 | 50% above HPI |
2007 6 JUL | £235,000 | £143,223 | 64% above HPI |
1998 20 AUG | £83,250 | £59,083 | 41% above HPI |
The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 41 SPRINGWOOD GARDENS sales between August 1998 and December 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 2007 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the December 2015 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.
41 SPRINGWOOD GARDENS is 144m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 41 SPRINGWOOD GARDENS lies on this distribution: 82% of detached houses are smaller than 41 SPRINGWOOD GARDENS, and 18% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
41 SPRINGWOOD GARDENS sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 41 SPRINGWOOD GARDENS, 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 41 SPRINGWOOD GARDENS). 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.
41 SPRINGWOOD GARDENS is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 41 on SPRINGWOOD GARDENS.