1, RATHMINES CLOSE, NOTTINGHAM, NG7 2LS - £240,000

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 RATHMINES CLOSE is a large extended detached house of 120m², built sometime between 1950 and 1966. It was last sold for £240,000 in October 2016, which was around 13% above the average October 2016 detached price in the City of Nottingham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

1 RATHMINES CLOSE Sold Prices

Land registry data shows four sales for 1 RATHMINES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the four 1 RATHMINES CLOSE sales 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
2016 31 OCT	£240,000	£212,455	13% above HPI
2009 13 MAR	£145,000	£123,707	17% above HPI
2006 21 JUL	£160,000	£142,843	12% above HPI
1999 18 MAR	£69,000	£59,359	16% above HPI

1 RATHMINES 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 four 1 RATHMINES CLOSE sales between March 1999 and October 2016 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 2009 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 1 RATHMINES CLOSE?

1 RATHMINES CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 40% 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 RATHMINES CLOSE lies on this distribution: 69% of detached houses are smaller than 1 RATHMINES CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

1 RATHMINES CLOSE: Plot and Title Map

1 RATHMINES CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 1 RATHMINES 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 RATHMINES 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 RATHMINES CLOSE?

1 RATHMINES CLOSE is located in NOTTINGHAM, in the NG7 postcode district. The below map shows the position of No. 1 on RATHMINES CLOSE.