1, PATRIOT CLOSE, WATNALL, NOTTINGHAM, NG16 1GB - £230,000

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 PATRIOT CLOSE is a very small detached house of 29m², built sometime between 1996 and 2002. It was last sold for £230,000 in December 2021, which was around 26% below the average December 2021 detached price in the Broxtowe local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

1 PATRIOT CLOSE Sold Prices

Land registry data shows three sales for 1 PATRIOT 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 PATRIOT 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 2 DEC	£230,000	£310,122	26% below HPI
2016 5 DEC	£185,000	£227,959	19% below HPI
2001 19 DEC	£104,453	£113,290	8% below HPI

1 PATRIOT 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 PATRIOT CLOSE sales between December 2001 and December 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 December 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 PATRIOT CLOSE?

1 PATRIOT CLOSE is 29m² according to the EPC inspection conducted in February 2016. 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 PATRIOT CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 1 PATRIOT CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Watnall.

1 PATRIOT CLOSE: Plot and Title Map

1 PATRIOT CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 1 PATRIOT 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 PATRIOT 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 PATRIOT CLOSE?

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