3, THIRD AVENUE, GEDLING, NOTTINGHAM, NG4 3LL - £40,000

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.

3 THIRD AVENUE is a midsized terraced house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £205,917. It was last sold for £40,000 in August 1997, which was around 15% above the average August 1997 terraced price in the Gedling local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

3 THIRD AVENUE Sold Prices

Land registry data shows one sale for 3 THIRD AVENUE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Gedling local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1997 22 AUG	£40,000	£34,880	15% above HPI

What might 3 THIRD AVENUE be worth now?

3 THIRD AVENUE might now be worth an estimated £205,917.

This is based on house price inflation of 414.8%, between August 1997 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 414.8% inflationary increase is applied to the most recent sale price for 3 THIRD AVENUE of £40,000 on 22nd August 1997. For the value to have increased from £40,000 to £205,917 over the 29 years and three months to May 2026, the following assumptions must hold true:

• The value of 3 THIRD AVENUE has moved in line with the HPI for terraced houses in the Gedling local authority area.
• The August 1997 sale price of £40,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THIRD AVENUE has not materially changed since August 1997.

How Large is 3 THIRD AVENUE?

3 THIRD AVENUE is 74m² according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of terraced houses in Carlton, based on EPC data. The below chart shows the distribution of terraced houses by size in Carlton, and where 3 THIRD AVENUE lies on this distribution: 48% of terraced houses are smaller than 3 THIRD AVENUE, and 49% of terraced houses are larger. Note that EPC data is not available for all properties in Carlton.

3 THIRD AVENUE: Plot

3 THIRD AVENUE sits on a plot of roughly 0.030 of an acre, or 121m².

Where is 3 THIRD AVENUE?

3 THIRD AVENUE is located in GEDLING, in the NG4 postcode district.