89, VALE ROAD, COLWICK, NOTTINGHAM, NG4 2GN - £130,000

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.

89 VALE ROAD is a very small terraced house of 75m², built sometime before 1900, which could now be worth an estimated £137,385. It was last sold for £130,000 in July 2023, which was around 23% below the average July 2023 terraced price in the Gedling local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was B.

89 VALE ROAD Sold Prices

Land registry data shows four sales for 89 VALE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Gedling local authority area for the corresponding sale date. All of the four 89 VALE ROAD 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
2023 7 JUL	£130,000	£168,727	23% below HPI
2013 17 APR	£67,500	£92,410	27% below HPI
2003 26 MAR	£63,500	£71,388	11% below HPI
1997 7 MAY	£29,000	£35,066	17% below HPI

89 VALE ROAD 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 four 89 VALE ROAD sales between May 1997 and July 2023 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 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 89 VALE ROAD be worth now?

89 VALE ROAD might now be worth an estimated £137,385.

This is based on house price inflation of 5.7%, between July 2023 and April 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 5.7% inflationary increase is applied to the most recent sale price for 89 VALE ROAD of £130,000 on 7th July 2023. For the value to have increased from £130,000 to £137,385 over the three years and three months to April 2026, the following assumptions must hold true:

• The value of 89 VALE ROAD has moved in line with the HPI for terraced houses in the Gedling local authority area.
• The July 2023 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 89 VALE ROAD has not materially changed since July 2023.

How Large is 89 VALE ROAD?

89 VALE ROAD is 75m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 20% 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 89 VALE ROAD lies on this distribution: 13% of terraced houses houses are smaller than 89 VALE ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Carlton.

89 VALE ROAD: Plot and Title Map

89 VALE ROAD sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 89 VALE ROAD, 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 89 VALE ROAD). 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 89 VALE ROAD?

89 VALE ROAD is located in COLWICK, in the NG4 postcode district. The below map shows the position of No. 89 on VALE ROAD.