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
13 GERRARD CLOSE is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £132,500 in July 2014, which was around 33% below the average July 2014 detached price in the Gedling local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 13 GERRARD CLOSE since 1st 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 13 GERRARD 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 |
---|---|---|---|
2014 4 JUL | £132,500 | £198,570 | 33% below HPI |
2009 29 MAY | £106,000 | £175,309 | 40% below HPI |
2007 27 JUL | £130,500 | £203,577 | 36% below HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 13 GERRARD CLOSE sales between July 2007 and July 2014 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 May 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2014 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
13 GERRARD CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 13 GERRARD CLOSE lies on this distribution: 18% of detached houses are smaller than 13 GERRARD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
13 GERRARD CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 13 GERRARD 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 13 GERRARD 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.
13 GERRARD CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 13 on GERRARD CLOSE.