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
48 SPRINGWOOD GARDENS is a small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £199,950 in June 2011, which was around 61% above the average June 2011 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 48 SPRINGWOOD GARDENS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 48 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 |
---|---|---|---|
2011 6 JUN | £199,950 | £123,992 | 61% above HPI |
2010 17 AUG | £165,000 | £133,585 | 24% 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 two 48 SPRINGWOOD GARDENS sales from August 2010 and June 2011 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 2010 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2011 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.
48 SPRINGWOOD GARDENS is 92m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 48 SPRINGWOOD GARDENS lies on this distribution: 36% of detached houses are smaller than 48 SPRINGWOOD GARDENS, and 64% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
48 SPRINGWOOD GARDENS sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 48 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 48 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.
48 SPRINGWOOD GARDENS is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 48 on SPRINGWOOD GARDENS.