2, COLONSAY CLOSE, TROWELL, NOTTINGHAM, NG9 3RD - £370,000

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 COLONSAY CLOSE is a large detached house of 100m², built sometime between 1983 and 1990. It was last sold for £370,000 in October 2022, which was around 7% above the average October 2022 detached price in the Broxtowe local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

2 COLONSAY CLOSE Sold Prices

Land registry data shows three sales for 2 COLONSAY 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 Broxtowe local authority area for the corresponding sale date. Two of the three 2 COLONSAY 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
2022 11 OCT	£370,000	£346,927	7% above HPI
2012 24 AUG	£202,000	£189,610	7% above HPI
2004 5 NOV	£182,000	£193,587	6% below HPI

2 COLONSAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 2 COLONSAY CLOSE sales between November 2004 and October 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 August 2012 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2022 sale, which was also at 7% above the HPI.

How Large is 2 COLONSAY CLOSE?

2 COLONSAY CLOSE is 100m² according to the EPC inspection conducted in January 2022. This puts it in the largest 40% of detached houses in Trowell, based on EPC data. The below chart shows the distribution of detached houses by size in Trowell, and where 2 COLONSAY CLOSE lies on this distribution: 62% of detached houses are smaller than 2 COLONSAY CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Trowell.

2 COLONSAY CLOSE: Plot and Title Map

2 COLONSAY CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 2 COLONSAY 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 COLONSAY 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 COLONSAY CLOSE?

2 COLONSAY CLOSE is located in TROWELL, in the NG9 postcode district. The below map shows the position of No. 2 on COLONSAY CLOSE.