24, PENNINE CLOSE, ARNOLD, NOTTINGHAM, NG5 9PT - £132,500

24 PENNINE CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £132,500 in May 2014, which was around 33% below the average May 2014 detached price in the Gedling local authority area. The most recent EPC inspection was February 2024, where the current energy rating was B, and the potential energy rating was B.

24 PENNINE CLOSE Sold Prices

Land registry data shows two sales for 24 PENNINE CLOSE 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 24 PENNINE CLOSE 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
2014 23 MAY	£132,500	£196,438	33% below HPI
2000 31 MAR	£63,000	£91,658	31% below HPI

24 PENNINE CLOSE 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 24 PENNINE CLOSE sales from March 2000 and May 2014 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 March 2000 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 24 PENNINE CLOSE?

24 PENNINE CLOSE is 72m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 24 PENNINE CLOSE lies on this distribution: 12% of detached houses are smaller than 24 PENNINE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

24 PENNINE CLOSE: Plot and Title Map

24 PENNINE CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 24 PENNINE CLOSE, 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 24 PENNINE CLOSE). 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 24 PENNINE CLOSE?

24 PENNINE CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 24 on PENNINE CLOSE.