2, CUMBERLAND CLOSE, WESTWOOD, NOTTINGHAM, NG16 5JR - £150,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 CUMBERLAND CLOSE is a very small detached house of 51m², built sometime between 1976 and 1982. It was last sold for £150,000 in May 2022, which was around 41% below the average May 2022 detached price in the Ashfield local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

2 CUMBERLAND CLOSE Sold Prices

Land registry data shows two sales for 2 CUMBERLAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. Both of the two 2 CUMBERLAND 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 31 MAY	£150,000	£254,816	41% below HPI
2019 8 NOV	£126,500	£203,857	38% below HPI

2 CUMBERLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 2 CUMBERLAND CLOSE sales from November 2019 and May 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 November 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 2 CUMBERLAND CLOSE?

2 CUMBERLAND CLOSE is 51m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Westwood, based on EPC data. The below chart shows the distribution of detached houses by size in Westwood, and where 2 CUMBERLAND CLOSE lies on this distribution: 4% of detached houses are smaller than 2 CUMBERLAND CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Westwood.

2 CUMBERLAND CLOSE: Plot and Title Map

2 CUMBERLAND CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 2 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 2 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.

Where is 2 CUMBERLAND CLOSE?

2 CUMBERLAND CLOSE is located in WESTWOOD, in the NG16 postcode district. The below map shows the position of No. 2 on CUMBERLAND CLOSE.