2, GAINSBOROUGH CLOSE, KINOULTON, NOTTINGHAM, NG12 3EU - £395,000

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 GAINSBOROUGH CLOSE is a very small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £395,000 in January 2024, which was around 14% below the average January 2024 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

2 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows five sales for 2 GAINSBOROUGH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the five 2 GAINSBOROUGH 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
2024 24 JAN	£395,000	£457,167	14% below HPI
2016 19 AUG	£250,000	£339,378	26% below HPI
2014 26 JUN	£250,000	£286,750	13% below HPI
1998 17 AUG	£97,000	£109,713	12% below HPI
1996 17 JUN	£79,000	£89,309	12% below HPI

2 GAINSBOROUGH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The five 2 GAINSBOROUGH CLOSE sales between June 1996 and January 2024 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 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 GAINSBOROUGH CLOSE?

2 GAINSBOROUGH CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Kinoulton, based on EPC data. The below chart shows the distribution of detached houses by size in Kinoulton, and where 2 GAINSBOROUGH CLOSE lies on this distribution: 16% of detached houses are smaller than 2 GAINSBOROUGH CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Kinoulton.

2 GAINSBOROUGH CLOSE: Plot and Title Map

2 GAINSBOROUGH CLOSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 2 GAINSBOROUGH 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 GAINSBOROUGH 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 GAINSBOROUGH CLOSE?

2 GAINSBOROUGH CLOSE is located in KINOULTON, in the NG12 postcode district. The below map shows the position of No. 2 on GAINSBOROUGH CLOSE.