1, SALCOMBE CLOSE, NEWTHORPE, NOTTINGHAM, NG16 2DQ - £340,000

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 SALCOMBE CLOSE is a large extended detached house of 111m², built sometime between 1991 and 1995. It was last sold for £340,000 in May 2024, which was around 1% above the average May 2024 detached price in the Broxtowe local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

1 SALCOMBE CLOSE Sold Prices

Land registry data shows two sales for 1 SALCOMBE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 1 SALCOMBE 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
2024 24 MAY	£340,000	£337,485	1% above HPI
1997 8 APR	£82,500	£71,382	16% above HPI

1 SALCOMBE 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 two 1 SALCOMBE CLOSE sales from April 1997 and May 2024 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 April 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2024 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 1 SALCOMBE CLOSE?

1 SALCOMBE CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 1 SALCOMBE CLOSE lies on this distribution: 73% of detached houses are smaller than 1 SALCOMBE CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

1 SALCOMBE CLOSE: Plot and Title Map

1 SALCOMBE CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 1 SALCOMBE 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 SALCOMBE 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 SALCOMBE CLOSE?

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