1, FEARON CLOSE, GUNTHORPE, NOTTINGHAM, NG14 7FA - £462,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FEARON CLOSE is a large extended detached house of 161m², built sometime between 1996 and 2002. It was last sold for £462,000 in January 2017, which was around 87% above the average January 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was C.

1 FEARON CLOSE Sold Prices

Land registry data shows three sales for 1 FEARON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 1 FEARON CLOSE 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
2017 13 JAN	£462,000	£247,096	87% above HPI
2002 12 DEC	£285,000	£152,924	86% above HPI
1997 21 MAR	£150,000	£72,983	106% above HPI

1 FEARON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 1 FEARON CLOSE sales between March 1997 and January 2017 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 December 2002 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the January 2017 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is 1 FEARON CLOSE?

1 FEARON CLOSE is 161m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 40% of detached houses in Gunthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Gunthorpe, and where 1 FEARON CLOSE lies on this distribution: 62% of detached houses are smaller than 1 FEARON CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Gunthorpe.

1 FEARON CLOSE: Plot and Title Map

1 FEARON CLOSE sits on a plot of roughly 0.240 of an acre, or 972m². The below map shows the location of 1 FEARON 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 1 FEARON 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 1 FEARON CLOSE?

1 FEARON CLOSE is located in GUNTHORPE, in the NG14 postcode district. The below map shows the position of No. 1 on FEARON CLOSE.