2, BALMORAL CLOSE, SANDIACRE, NOTTINGHAM, NG10 5LF - £350,000

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

2 BALMORAL CLOSE is a large extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £350,000 in March 2021, which was around 32% above the average March 2021 detached price in the Erewash local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

2 BALMORAL CLOSE Sold Prices

Land registry data shows three sales for 2 BALMORAL 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 Erewash local authority area for the corresponding sale date. All of the three 2 BALMORAL 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
2021 22 MAR	£350,000	£265,542	32% above HPI
2012 13 SEP	£228,000	£173,772	31% above HPI
2006 23 FEB	£218,500	£166,756	31% above HPI

2 BALMORAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 2 BALMORAL CLOSE sales between February 2006 and March 2021 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 September 2012 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2021 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 2 BALMORAL CLOSE?

2 BALMORAL CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the largest 30% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 2 BALMORAL CLOSE lies on this distribution: 73% of detached houses are smaller than 2 BALMORAL CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

2 BALMORAL CLOSE: Plot and Title Map

2 BALMORAL CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 2 BALMORAL 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 BALMORAL 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 2 BALMORAL CLOSE?

2 BALMORAL CLOSE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 2 on BALMORAL CLOSE.