1, MARHAM CLOSE, NOTTINGHAM, NG2 4GR - £115,000

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 MARHAM CLOSE is a very small detached house of 63m², built sometime between 1996 and 2002. It was last sold for £115,000 in August 2006, which was around 21% below the average August 2006 detached price in the City of Nottingham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

1 MARHAM CLOSE Sold Prices

Land registry data shows three sales for 1 MARHAM 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 City of Nottingham local authority area for the corresponding sale date. One of the three 1 MARHAM CLOSE sales was for below the average price, whilst two 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
2006 30 AUG	£115,000	£146,168	21% below HPI
2000 27 MAR	£69,000	£62,075	11% above HPI
1998 9 APR	£64,750	£55,591	16% above HPI

1 MARHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 1 MARHAM CLOSE sales between April 1998 and August 2006 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 March 2000 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2006 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 1 MARHAM CLOSE?

1 MARHAM CLOSE is 63m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 1 MARHAM CLOSE lies on this distribution: 6% of detached houses are smaller than 1 MARHAM CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

1 MARHAM CLOSE: Plot and Title Map

1 MARHAM CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 1 MARHAM 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 MARHAM 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 MARHAM CLOSE?

1 MARHAM CLOSE is located in NOTTINGHAM, in the NG2 postcode district. The below map shows the position of No. 1 on MARHAM CLOSE.