5, PHILIP AVENUE, EASTWOOD, NOTTINGHAM, NG16 3HA - £240,000

5 PHILIP AVENUE is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £240,000 in September 2021, which was around 20% below the average September 2021 detached price in the Broxtowe local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was C.

5 PHILIP AVENUE Sold Prices

Land registry data shows two sales for 5 PHILIP AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 5 PHILIP AVENUE sales 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
2021 14 SEP	£240,000	£299,224	20% below HPI
2020 3 APR	£153,500	£271,439	43% below HPI

5 PHILIP AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 5 PHILIP AVENUE sales from April 2020 and September 2021 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 2020 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 PHILIP AVENUE?

5 PHILIP AVENUE is 67m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 5 PHILIP AVENUE lies on this distribution: 17% of detached houses are smaller than 5 PHILIP AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

5 PHILIP AVENUE: Plot and Title Map

5 PHILIP AVENUE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 5 PHILIP 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 5 PHILIP 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 5 PHILIP AVENUE?

5 PHILIP AVENUE is located in EASTWOOD, in the NG16 postcode district. The below map shows the position of No. 5 on PHILIP AVENUE.