8, RISEHOLME BUNGALOWS, DENMARK GROVE, NOTTINGHAM, NG3 4LE - £112,000

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.

8 RISEHOLME BUNGALOWS is a very small terraced house of 36m², built sometime between 1967 and 1975, which could now be worth an estimated £177,593. It was last sold for £112,000 in July 2017, which was around 1% above the average July 2017 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

8 RISEHOLME BUNGALOWS Sold Prices

Land registry data shows two sales for 8 RISEHOLME BUNGALOWS 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. One of the two 8 RISEHOLME BUNGALOWS sales was for above the average price, whilst the other was 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
2017 14 JUL	£112,000	£110,570	1% above HPI
2010 20 AUG	£75,000	£86,843	14% below HPI

8 RISEHOLME BUNGALOWS 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 8 RISEHOLME BUNGALOWS sales from August 2010 and July 2017 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 August 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 RISEHOLME BUNGALOWS be worth now?

8 RISEHOLME BUNGALOWS might now be worth an estimated £177,593.

This is based on house price inflation of 58.6%, between July 2017 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 58.6% inflationary increase is applied to the most recent sale price for 8 RISEHOLME BUNGALOWS of £112,000 on 14th July 2017. For the value to have increased from £112,000 to £177,593 over the eight years to July 2025, the following assumptions must hold true:

• The value of 8 RISEHOLME BUNGALOWS has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The July 2017 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RISEHOLME BUNGALOWS has not materially changed since July 2017.

How Large is 8 RISEHOLME BUNGALOWS?

8 RISEHOLME BUNGALOWS is 36m² according to the EPC inspection conducted in July 2016. 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 8 RISEHOLME BUNGALOWS lies on this distribution: Less than 1% of terraced houses houses are smaller than 8 RISEHOLME BUNGALOWS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

8 RISEHOLME BUNGALOWS: Plot and Title Map

8 RISEHOLME BUNGALOWS sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 8 RISEHOLME BUNGALOWS, 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 RISEHOLME BUNGALOWS). 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 RISEHOLME BUNGALOWS?

8 RISEHOLME BUNGALOWS is located on DENMARK GROVE in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of 8 RISEHOLME BUNGALOWS on DENMARK GROVE.