15, BUTTERMEAD CLOSE, TROWELL, NOTTINGHAM, NG9 3QT - £230,000

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

15 BUTTERMEAD CLOSE is a midsized detached house of 93m², built sometime between 1983 and 1990. It was last sold for £230,000 in March 2016, which was around 6% above the average March 2016 detached price in the Broxtowe local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

15 BUTTERMEAD CLOSE Sold Prices

Land registry data shows two sales for 15 BUTTERMEAD 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 Broxtowe local authority area for the corresponding sale date. Both of the two 15 BUTTERMEAD CLOSE 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
2016 10 MAR	£230,000	£216,393	6% above HPI
2003 23 MAY	£169,000	£161,417	5% above HPI

15 BUTTERMEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 15 BUTTERMEAD CLOSE sales from May 2003 and March 2016 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 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2016 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 15 BUTTERMEAD CLOSE?

15 BUTTERMEAD CLOSE is 93m² according to the EPC inspection conducted in November 2015. This puts it in the largest 50% of detached houses in Trowell, based on EPC data. The below chart shows the distribution of detached houses by size in Trowell, and where 15 BUTTERMEAD CLOSE lies on this distribution: 49% of detached houses are smaller than 15 BUTTERMEAD CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Trowell.

15 BUTTERMEAD CLOSE: Plot and Title Map

15 BUTTERMEAD CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 15 BUTTERMEAD 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 15 BUTTERMEAD 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 15 BUTTERMEAD CLOSE?

15 BUTTERMEAD CLOSE is located in TROWELL, in the NG9 postcode district. The below map shows the position of No. 15 on BUTTERMEAD CLOSE.