THE ATRIUM, WESTERN TERRACE, THE PARK, NOTTINGHAM, NG7 1AF - £224,500

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.

THE ATRIUM is a small terraced house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £330,376. It was last sold for £224,500 in May 2019, which was around 88% above the average May 2019 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was D.

THE ATRIUM Sold Prices

Land registry data shows two sales for THE ATRIUM 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. Both of the two THE ATRIUM sales were for above 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
2019 3 MAY	£224,500	£119,139	88% above HPI
2006 2 MAY	£240,000	£93,288	157% above HPI

THE ATRIUM 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 THE ATRIUM sales from May 2006 and May 2019 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 May 2006 sale was for 157% above the HPI. So the extrapolation line tracks at 157% above the HPI over time, until the May 2019 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might THE ATRIUM be worth now?

THE ATRIUM might now be worth an estimated £330,376.

This is based on house price inflation of 47.2%, between May 2019 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 47.2% inflationary increase is applied to the most recent sale price for THE ATRIUM of £224,500 on 3rd May 2019. For the value to have increased from £224,500 to £330,376 over the five years and ten months to July 2025, the following assumptions must hold true:

• The value of THE ATRIUM has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The May 2019 sale price of £224,500 represented a fair market value for the property.
• The size, condition, and specification of THE ATRIUM has not materially changed since May 2019.

How Large is THE ATRIUM?

THE ATRIUM is 94m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% 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 THE ATRIUM lies on this distribution: 39% of terraced houses houses are smaller than THE ATRIUM, and 60% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

THE ATRIUM: Plot and Title Map

THE ATRIUM sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of THE ATRIUM, 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 THE ATRIUM). 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 THE ATRIUM?

THE ATRIUM is located on WESTERN TERRACE in THE PARK, in the NG7 postcode district. The below map shows the position of THE ATRIUM on WESTERN TERRACE.