51, THE ELMS, COLWICK, NOTTINGHAM, NG4 2GW - £86,500

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.

51 THE ELMS is a very small semi-detached house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £197,311. It was last sold for £86,500 in August 2003, which was around 17% below the average August 2003 semi-detached price in the Gedling local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

51 THE ELMS Sold Prices

Land registry data shows three sales for 51 THE ELMS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gedling local authority area for the corresponding sale date. All of the three 51 THE ELMS 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
2003 29 AUG	£86,500	£104,751	17% below HPI
2002 31 MAY	£75,500	£76,843	2% below HPI
1996 16 FEB	£42,950	£44,120	3% below HPI

51 THE ELMS 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 three 51 THE ELMS sales between February 1996 and August 2003 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 May 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2003 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 51 THE ELMS be worth now?

51 THE ELMS might now be worth an estimated £197,311.

This is based on house price inflation of 128.1%, between August 2003 and March 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 128.1% inflationary increase is applied to the most recent sale price for 51 THE ELMS of £86,500 on 29th August 2003. For the value to have increased from £86,500 to £197,311 over the 22 years and five months to March 2025, the following assumptions must hold true:

• The value of 51 THE ELMS has moved in line with the HPI for semi-detached houses in the Gedling local authority area.
• The August 2003 sale price of £86,500 represented a fair market value for the property.
• The size, condition, and specification of 51 THE ELMS has not materially changed since August 2003.

How Large is 51 THE ELMS?

51 THE ELMS is 53m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% 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 51 THE ELMS lies on this distribution: 1% of semi-detached houses houses are smaller than 51 THE ELMS, and 99% of houses are larger. Note that EPC data is not available for all properties in Carlton.

51 THE ELMS: Plot and Title Map

51 THE ELMS sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 51 THE ELMS, 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 51 THE ELMS). 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 51 THE ELMS?

51 THE ELMS is located in COLWICK, in the NG4 postcode district. The below map shows the position of No. 51 on THE ELMS.