8, MORELLO AVENUE, CARLTON, NOTTINGHAM, NG4 3BU - £144,000

8 MORELLO AVENUE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £144,000 in June 2010, which was around 24% below the average June 2010 detached price in the Gedling local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

8 MORELLO AVENUE Sold Prices

Land registry data shows two sales for 8 MORELLO 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 Gedling local authority area for the corresponding sale date. Both of the two 8 MORELLO 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
2010 24 JUN	£144,000	£189,310	24% below HPI
2007 26 JAN	£131,000	£202,931	35% below HPI

8 MORELLO AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 8 MORELLO AVENUE sales from January 2007 and June 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 January 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2010 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 8 MORELLO AVENUE?

8 MORELLO AVENUE is 70m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of detached houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses by size in Carlton, and where 8 MORELLO AVENUE lies on this distribution: 10% of detached houses are smaller than 8 MORELLO AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Carlton.

8 MORELLO AVENUE: Plot and Title Map

8 MORELLO AVENUE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 8 MORELLO 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 8 MORELLO 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 8 MORELLO AVENUE?

8 MORELLO AVENUE is located in CARLTON, in the NG4 postcode district. The below map shows the position of No. 8 on MORELLO AVENUE.