1, THE MOUNT, REDHILL, NOTTINGHAM, NG5 8LU - £465,000

1 THE MOUNT is a very large extended detached house of 218m², built sometime between 1930 and 1949. It was last sold for £465,000 in June 2021, which was around 50% above the average June 2021 detached price in the Gedling local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

1 THE MOUNT Sold Prices

Land registry data shows three sales for 1 THE MOUNT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 1 THE MOUNT 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
2021 30 JUN	£465,000	£310,171	50% above HPI
2002 12 AUG	£155,000	£141,343	10% above HPI
1998 18 DEC	£84,950	£84,153	1% above HPI

1 THE MOUNT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 1 THE MOUNT sales between December 1998 and June 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 August 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2021 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 1 THE MOUNT?

1 THE MOUNT is 218m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 1 THE MOUNT lies on this distribution: 97% of detached houses are smaller than 1 THE MOUNT, and 3% of houses are larger. Note that EPC data is not available for all properties in Arnold.

1 THE MOUNT: Plot and Title Map

1 THE MOUNT sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 1 THE MOUNT, 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 THE MOUNT). 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 THE MOUNT?

1 THE MOUNT is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 1 on THE MOUNT.