12, MILLBECK CLOSE, GAMSTON, NOTTINGHAM, NG2 6PY - £308,000

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

12 MILLBECK CLOSE is a very small extended detached house of 82m², built sometime between 1991 and 1995. It was last sold for £308,000 in July 2017, which was around 13% below the average July 2017 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

12 MILLBECK CLOSE Sold Prices

Land registry data shows four sales for 12 MILLBECK 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 Rushcliffe local authority area for the corresponding sale date. All of the four 12 MILLBECK 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
2017 24 JUL	£308,000	£352,927	13% below HPI
2006 27 SEP	£211,500	£273,644	23% below HPI
2004 28 JUN	£210,000	£251,349	16% below HPI
1999 29 JAN	£101,950	£107,735	5% below HPI

12 MILLBECK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 12 MILLBECK CLOSE sales between January 1999 and July 2017 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 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 12 MILLBECK CLOSE?

12 MILLBECK CLOSE is 82m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses in Gamston, based on EPC data. The below chart shows the distribution of detached houses by size in Gamston, and where 12 MILLBECK CLOSE lies on this distribution: 10% of detached houses are smaller than 12 MILLBECK CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Gamston.

12 MILLBECK CLOSE: Plot and Title Map

12 MILLBECK CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 12 MILLBECK 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 12 MILLBECK 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 12 MILLBECK CLOSE?

12 MILLBECK CLOSE is located in GAMSTON, in the NG2 postcode district. The below map shows the position of No. 12 on MILLBECK CLOSE.