1, TARN CLOSE, LANGLEY MILL, NOTTINGHAM, NG16 4GY - £140,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 TARN CLOSE is a small detached house of 81m², built sometime between 2003 and 2006. It was last sold for £140,000 in September 2011, which was around 24% below the average September 2011 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

1 TARN CLOSE Sold Prices

Land registry data shows two sales for 1 TARN 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 Amber Valley local authority area for the corresponding sale date. Both of the two 1 TARN 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
2011 9 SEP	£140,000	£185,414	24% below HPI
2003 26 SEP	£117,750	£149,816	21% below HPI

1 TARN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 1 TARN CLOSE sales from September 2003 and September 2011 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 September 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2011 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 TARN CLOSE?

1 TARN CLOSE is 81m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 1 TARN CLOSE lies on this distribution: 24% of detached houses are smaller than 1 TARN CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Heanor.

1 TARN CLOSE: Plot and Title Map

1 TARN CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 1 TARN 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 TARN 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 TARN CLOSE?

1 TARN CLOSE is located in LANGLEY MILL, in the NG16 postcode district. The below map shows the position of No. 1 on TARN CLOSE.