1, MALTING CLOSE, RUDDINGTON, NOTTINGHAM, NG11 6HJ - £310,000

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 MALTING CLOSE is a very small extended detached house of 71m², built sometime between 1967 and 1975. It was last sold for £310,000 in September 2021, which was around 24% below the average September 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

1 MALTING CLOSE Sold Prices

Land registry data shows three sales for 1 MALTING 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 Rushcliffe local authority area for the corresponding sale date. All of the three 1 MALTING 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
2021 1 SEP	£310,000	£410,499	24% below HPI
2020 11 JUN	£262,000	£391,421	33% below HPI
1999 1 JUL	£90,500	£114,445	21% below HPI

1 MALTING 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 three 1 MALTING CLOSE sales between July 1999 and September 2021 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 June 2020 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 MALTING CLOSE?

1 MALTING CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Ruddington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruddington, and where 1 MALTING CLOSE lies on this distribution: 5% of detached houses are smaller than 1 MALTING CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ruddington.

1 MALTING CLOSE: Plot and Title Map

1 MALTING CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 1 MALTING 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 MALTING 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 MALTING CLOSE?

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