Flat 3, The Cigar Factory, 158 Derby Road, Nottingham, NG7 1LR is a leasehold flat built between 1900-1929. The property offers approximately 495 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £117,840 , which equates to approximately £238 per square foot. It was last sold on 19 Sep 2013 for £66,000. Since then, the value has increased by £51,840, representing a 78.5% increase, or approximately 6.4% per year.

The current estimated value of £117,840 is:

  • 70.4% lower than the average property price on Derby Road
  • 53.6% lower than the average in the NG7 1LR postcode area
  • and 61.9% lower than the average price for Nottingham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 25 February 2023, the property was recorded as rented.

View sold house prices in NG7 1LR

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
495 sq ft
Tenure
Leasehold
Price (estimate)
£117,840
Price Per sq ft (estimate)
£238
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, The Cigar Factory, 158 Derby Road, Nottingham, City Of Nottingham, NG7 1LR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Feb 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are single glazed.

The previous EPC assessment was conducted on 23 Jul 2013, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 12.9%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency changing from poor to very poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from fully secondary glazing to single glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG7 1LR

28 th / 30
Price Rank
54% lower than average
16 th / 26
Size Rank
43% smaller than average
22 nd / 26
Price Per Sq FT Rank
19% lower than average

Compared to other properties in NG7 1LR , this flat's estimated value ranks 28th out of 30. Based on price per square foot, it ranks 22th out of 26 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 16th out of 26 properties in its postcode area.

Sale History

Today
£117,840
streetscan.co.uk estimate
+79 %
19 Sep 2013
£66,000
Leasehold
-31.9 %
17 Sep 2004
£96,900
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 549 sq ft
sale price: £118,500
sale date: 31 Oct 2024
rooms: 2
size: 549 sq ft
sale price: £88,000
sale date: 19 Sep 2019
rooms: 2
size: 431 sq ft
sale price: £107,000
sale date: 15 Nov 2018
rooms: 2
size: 484 sq ft
sale price: £83,000
sale date: 31 Mar 2016
rooms: 3
size: 538 sq ft
sale price: £116,450
sale date: 18 Dec 2015

Data Sources

The property at Flat 3, The Cigar Factory, 158 Derby Road, Nottingham, NG7 1LR appears two times in the Land Registry records, with the latest transaction recorded on 19 Sep 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Feb 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.