2, DEVON CLOSE, NEWTHORPE, NOTTINGHAM, NG16 2FH - £205,000

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 DEVON CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £205,000 in January 2023, which was around 41% below the average January 2023 detached price in the Broxtowe local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

2 DEVON CLOSE Sold Prices

Land registry data shows two sales for 2 DEVON 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 Broxtowe local authority area for the corresponding sale date. Both of the two 2 DEVON 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
2023 27 JAN	£205,000	£348,563	41% below HPI
1996 29 NOV	£55,000	£70,731	22% below HPI

2 DEVON 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 two 2 DEVON CLOSE sales from November 1996 and January 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 November 1996 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 2 DEVON CLOSE?

2 DEVON CLOSE is 58m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 2 DEVON CLOSE lies on this distribution: 8% of detached houses are smaller than 2 DEVON CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

2 DEVON CLOSE: Plot and Title Map

2 DEVON CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 2 DEVON 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 DEVON 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 DEVON CLOSE?

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