1, FOREDRIFT CLOSE, GOTHAM, NOTTINGHAM, NG11 0JX - £650,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FOREDRIFT CLOSE is a very large extended detached house of 195m², built sometime between 1967 and 1975. It was last sold for £650,000 in December 2022, which was around 37% above the average December 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was B.

1 FOREDRIFT CLOSE Sold Prices

Land registry data shows two sales for 1 FOREDRIFT 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 Rushcliffe local authority area for the corresponding sale date. One of the two 1 FOREDRIFT CLOSE sales was for above the average price, whilst the other was 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
2022 2 DEC	£650,000	£473,451	37% above HPI
2018 2 NOV	£370,000	£379,646	3% below HPI

1 FOREDRIFT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 1 FOREDRIFT CLOSE sales from November 2018 and December 2022 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 November 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 1 FOREDRIFT CLOSE?

1 FOREDRIFT CLOSE is 195m², which includes three extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 10% of detached houses in Gotham, based on EPC data. The below chart shows the distribution of detached houses by size in Gotham, and where 1 FOREDRIFT CLOSE lies on this distribution: 94% of detached houses are smaller than 1 FOREDRIFT CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Gotham.

1 FOREDRIFT CLOSE: Plot and Title Map

1 FOREDRIFT CLOSE sits on a plot of roughly 0.265 of an acre, or 1,071m². The below map shows the location of 1 FOREDRIFT 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 FOREDRIFT 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 FOREDRIFT CLOSE?

1 FOREDRIFT CLOSE is located in GOTHAM, in the NG11 postcode district. The below map shows the position of No. 1 on FOREDRIFT CLOSE.