1, HAZELWOOD CLOSE, NEWTHORPE, NOTTINGHAM, NG16 2BR - £325,000

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 HAZELWOOD CLOSE is a small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £325,000 in May 2024, which was around 5% below the average May 2024 detached price in the Broxtowe local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

1 HAZELWOOD CLOSE Sold Prices

Land registry data shows three sales for 1 HAZELWOOD 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 Broxtowe local authority area for the corresponding sale date. All of the three 1 HAZELWOOD 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
2024 24 MAY	£325,000	£341,564	5% below HPI
2022 23 MAY	£295,000	£325,574	9% below HPI
2007 30 MAR	£168,000	£203,151	17% below HPI

1 HAZELWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 1 HAZELWOOD CLOSE sales between March 2007 and May 2024 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 2022 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 1 HAZELWOOD CLOSE?

1 HAZELWOOD CLOSE is 69m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 1 HAZELWOOD CLOSE lies on this distribution: 20% of detached houses are smaller than 1 HAZELWOOD CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

1 HAZELWOOD CLOSE: Plot and Title Map

1 HAZELWOOD CLOSE sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of 1 HAZELWOOD 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 HAZELWOOD 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 HAZELWOOD CLOSE?

1 HAZELWOOD CLOSE is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 1 on HAZELWOOD CLOSE.