58, THIRD AVENUE, GEDLING, NOTTINGHAM, NG4 3LL - £170,250

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.

58 THIRD AVENUE is a very small terraced house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £174,943. It was last sold for £170,250 in November 2022, which was around 3% below the average November 2022 terraced price in the Gedling local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

58 THIRD AVENUE Sold Prices

Land registry data shows five sales for 58 THIRD AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Gedling local authority area for the corresponding sale date. Most of the five 58 THIRD 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
2022 25 NOV	£170,250	£174,743	3% below HPI
2018 27 APR	£125,000	£123,551	1% above HPI
2003 20 JUN	£75,000	£75,731	1% below HPI
2001 20 APR	£44,000	£44,378	1% below HPI
1997 11 APR	£39,000	£34,966	12% above HPI

58 THIRD AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gedling local authority area over time, sourced from the HPI. The five 58 THIRD AVENUE sales between April 1997 and November 2022 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 2018 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 58 THIRD AVENUE be worth now?

58 THIRD AVENUE might now be worth an estimated £174,943.

This is based on house price inflation of 2.8%, between November 2022 and May 2026, for terraced 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 2.8% inflationary increase is applied to the most recent sale price for 58 THIRD AVENUE of £170,250 on 25th November 2022. For the value to have increased from £170,250 to £174,943 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 58 THIRD AVENUE has moved in line with the HPI for terraced houses in the Gedling local authority area.
• The November 2022 sale price of £170,250 represented a fair market value for the property.
• The size, condition, and specification of 58 THIRD AVENUE has not materially changed since November 2022.

How Large is 58 THIRD AVENUE?

58 THIRD AVENUE is 61m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of terraced houses houses in Carlton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Carlton, and where 58 THIRD AVENUE lies on this distribution: 4% of terraced houses houses are smaller than 58 THIRD AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Carlton.

58 THIRD AVENUE: Plot and Title Map

58 THIRD AVENUE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 58 THIRD 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 58 THIRD 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 58 THIRD AVENUE?

58 THIRD AVENUE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 58 on THIRD AVENUE.