SCHOOL BUNGALOW, RUTLAND ROAD, GEDLING, NOTTINGHAM, NG4 4HT - £147,500

SCHOOL BUNGALOW is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £147,500 in June 2015, which was around 31% below the average June 2015 detached price in the Gedling local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

SCHOOL BUNGALOW Sold Prices

Land registry data shows two sales for SCHOOL BUNGALOW 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 SCHOOL BUNGALOW 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
2015 29 JUN	£147,500	£213,952	31% below HPI
1996 1 JUL	£46,250	£71,331	35% below HPI

SCHOOL BUNGALOW 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 SCHOOL BUNGALOW sales from July 1996 and June 2015 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 July 1996 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2015 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is SCHOOL BUNGALOW?

SCHOOL BUNGALOW is 74m² according to the EPC inspection conducted in December 2015. 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 SCHOOL BUNGALOW lies on this distribution: 13% of detached houses are smaller than SCHOOL BUNGALOW, and 87% of houses are larger. Note that EPC data is not available for all properties in Carlton.

SCHOOL BUNGALOW: Plot and Title Map

SCHOOL BUNGALOW sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of SCHOOL BUNGALOW, 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 SCHOOL BUNGALOW). 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 SCHOOL BUNGALOW?

SCHOOL BUNGALOW is located on RUTLAND ROAD in GEDLING, in the NG4 postcode district. The below map shows the position of SCHOOL BUNGALOW on RUTLAND ROAD.