11, LODGE CLOSE, REDHILL, NOTTINGHAM, NG5 8NZ - £178,000

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

11 LODGE CLOSE is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £178,000 in June 2018, which was around 31% below the average June 2018 detached price in the Gedling local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

11 LODGE CLOSE Sold Prices

Land registry data shows three sales for 11 LODGE 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 Gedling local authority area for the corresponding sale date. All of the three 11 LODGE 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
2018 22 JUN	£178,000	£259,527	31% below HPI
2005 13 JUN	£137,000	£198,839	31% below HPI
2001 11 DEC	£73,000	£121,043	40% below HPI

11 LODGE CLOSE 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 11 LODGE CLOSE sales between December 2001 and June 2018 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 June 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2018 sale, which was also at 31% below the HPI.

How Large is 11 LODGE CLOSE?

11 LODGE CLOSE is 92m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 11 LODGE CLOSE lies on this distribution: 28% of detached houses are smaller than 11 LODGE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Arnold.

11 LODGE CLOSE: Plot and Title Map

11 LODGE CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 11 LODGE 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 11 LODGE 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 11 LODGE CLOSE?

11 LODGE CLOSE is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 11 on LODGE CLOSE.