15A, PENNINE CLOSE, ARNOLD, NOTTINGHAM, NG5 9PT - £165,000

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

15A PENNINE CLOSE is a large extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £165,000 in May 2015, which was around 23% below the average May 2015 detached price in the Gedling local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

15A PENNINE CLOSE Sold Prices

Land registry data shows three sales for 15A PENNINE 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 15A PENNINE 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
2015 15 MAY	£165,000	£214,104	23% below HPI
2006 11 DEC	£170,000	£202,934	16% below HPI
2001 16 JUL	£90,000	£116,321	23% below HPI

15A PENNINE 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 15A PENNINE CLOSE sales between July 2001 and May 2015 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 December 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 15A PENNINE CLOSE?

15A PENNINE CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 15A PENNINE CLOSE lies on this distribution: 69% of detached houses are smaller than 15A PENNINE CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

15A PENNINE CLOSE: Plot and Title Map

15A PENNINE CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 15A PENNINE 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 15A PENNINE 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 15A PENNINE CLOSE?

15A PENNINE CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 15A on PENNINE CLOSE.