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
1B CUMBERLAND CLOSE is a large detached house of 152m², built sometime between 1996 and 2002. It was last sold for £421,000 in June 2015, which was around 35% above the average June 2015 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1B CUMBERLAND CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 1B CUMBERLAND 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 |
---|---|---|---|
2015 24 JUN | £421,000 | £311,992 | 35% above HPI |
2005 12 AUG | £362,500 | £262,617 | 38% above HPI |
2000 24 NOV | £164,950 | £144,545 | 14% above HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 1B CUMBERLAND CLOSE sales between November 2000 and June 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 August 2005 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2015 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.
1B CUMBERLAND CLOSE is 152m² according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses in Ruddington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruddington, and where 1B CUMBERLAND CLOSE lies on this distribution: 74% of detached houses are smaller than 1B CUMBERLAND CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Ruddington.
1B CUMBERLAND CLOSE sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 1B CUMBERLAND 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 1B CUMBERLAND 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.
1B CUMBERLAND CLOSE is located in RUDDINGTON, in the NG11 postcode district. The below map shows the position of No. 1B on CUMBERLAND CLOSE.