5, LACE STREET, NOTTINGHAM, NG7 2JT - £105,500

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.

5 LACE STREET is a very small terraced house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £216,391. It was last sold for £105,500 in May 2010, which was around 23% above the average May 2010 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

5 LACE STREET Sold Prices

Land registry data shows two sales for 5 LACE STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 5 LACE STREET 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
2010 14 MAY	£105,500	£85,479	23% above HPI
2001 12 APR	£59,950	£40,173	49% above HPI

5 LACE STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 5 LACE STREET sales from April 2001 and May 2010 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 April 2001 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2010 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 5 LACE STREET be worth now?

5 LACE STREET might now be worth an estimated £216,391.

This is based on house price inflation of 105.1%, between May 2010 and July 2025, for terraced houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 105.1% inflationary increase is applied to the most recent sale price for 5 LACE STREET of £105,500 on 14th May 2010. For the value to have increased from £105,500 to £216,391 over the fourteen years and ten months to July 2025, the following assumptions must hold true:

• The value of 5 LACE STREET has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The May 2010 sale price of £105,500 represented a fair market value for the property.
• The size, condition, and specification of 5 LACE STREET has not materially changed since May 2010.

How Large is 5 LACE STREET?

5 LACE STREET is 63m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of terraced houses houses in Nottingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Nottingham, and where 5 LACE STREET lies on this distribution: 6% of terraced houses houses are smaller than 5 LACE STREET, and 94% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

5 LACE STREET: Plot and Title Map

5 LACE STREET sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 5 LACE STREET, 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 5 LACE STREET). 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 5 LACE STREET?

5 LACE STREET is located in NOTTINGHAM, in the NG7 postcode district. The below map shows the position of No. 5 on LACE STREET.