2, BROAD CLOSE, WOODBOROUGH, NOTTINGHAM, NG14 6BY - £570,000

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 BROAD CLOSE is a small detached house of 115m², built sometime between 1983 and 1990. It was last sold for £570,000 in November 2023, which was around 58% above the average November 2023 detached price in the Gedling local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

2 BROAD CLOSE Sold Prices

Land registry data shows three sales for 2 BROAD 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. Two of the three 2 BROAD CLOSE sales were for above the average price, whilst one was 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
2023 23 NOV	£570,000	£359,650	58% above HPI
2018 8 OCT	£385,000	£269,249	43% above HPI
2017 9 OCT	£2,000	£257,459	99% below HPI

2 BROAD 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 2 BROAD CLOSE sales between October 2017 and November 2023 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 October 2018 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the November 2023 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 2 BROAD CLOSE?

2 BROAD CLOSE is 115m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of detached houses in Woodborough, based on EPC data. The below chart shows the distribution of detached houses by size in Woodborough, and where 2 BROAD CLOSE lies on this distribution: 25% of detached houses are smaller than 2 BROAD CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Woodborough.

2 BROAD CLOSE: Plot and Title Map

2 BROAD CLOSE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 2 BROAD 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 BROAD 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 BROAD CLOSE?

2 BROAD CLOSE is located in WOODBOROUGH, in the NG14 postcode district. The below map shows the position of No. 2 on BROAD CLOSE.