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
2 BAKERS CLOSE is a midsized detached house of 114m², built sometime between 2007 and 2011. It was last sold for £342,000 in April 2022, which was around 23% below the average April 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 2 BAKERS CLOSE since 1st 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 2 BAKERS 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 |
---|---|---|---|
2022 29 APR | £342,000 | £445,032 | 23% below HPI |
2017 9 MAY | £282,000 | £344,539 | 18% below HPI |
2015 16 JUN | £230,000 | £311,992 | 26% below HPI |
2011 25 MAR | £217,950 | £267,958 | 19% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 2 BAKERS CLOSE sales between March 2011 and April 2022 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 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
2 BAKERS CLOSE is 114m² according to the EPC inspection conducted in February 2022. This puts it in the largest 50% of detached houses in Cotgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Cotgrave, and where 2 BAKERS CLOSE lies on this distribution: 53% of detached houses are smaller than 2 BAKERS CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.
2 BAKERS CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 2 BAKERS 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 2 BAKERS 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.
2 BAKERS CLOSE is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 2 on BAKERS CLOSE.