1, IVY CLOSE, WATNALL, NOTTINGHAM, NG16 1JD - £275,000

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 IVY CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £275,000 in October 2023, which was around 20% below the average October 2023 detached price in the Broxtowe local authority area. The most recent EPC inspection was February 2023, where the current energy rating was B, and the potential energy rating was A.

1 IVY CLOSE Sold Prices

Land registry data shows three sales for 1 IVY 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. The three 1 IVY CLOSE sales were a mix of below the average price, and roughly equal to 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
2023 12 OCT	£275,000	£343,381	20% below HPI
1998 20 NOV	£71,750	£77,724	8% below HPI
1996 29 APR	£68,000	£67,670	Close to HPI

1 IVY 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 IVY CLOSE sales between April 1996 and October 2023 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 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 IVY CLOSE?

1 IVY CLOSE is 75m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Watnall, based on EPC data. The below chart shows the distribution of detached houses by size in Watnall, and where 1 IVY CLOSE lies on this distribution: 8% of detached houses are smaller than 1 IVY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Watnall.

1 IVY CLOSE: Plot and Title Map

1 IVY CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 1 IVY 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 IVY 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 IVY CLOSE?

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