2, GUNN CLOSE, NOTTINGHAM, NG6 7DY - £148,000

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 GUNN CLOSE is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £148,000 in December 2016, which was around 32% below the average December 2016 detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.

2 GUNN CLOSE Sold Prices

Land registry data shows four sales for 2 GUNN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the four 2 GUNN 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
2016 1 DEC	£148,000	£217,368	32% below HPI
2016 11 MAR	£108,000	£199,565	46% below HPI
2006 25 OCT	£117,500	£147,735	20% below HPI
2005 3 JUN	£110,000	£138,126	20% below HPI

2 GUNN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four 2 GUNN CLOSE sales between June 2005 and December 2016 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 March 2016 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 GUNN CLOSE?

2 GUNN CLOSE is 68m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 2 GUNN CLOSE lies on this distribution: 9% of detached houses are smaller than 2 GUNN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 GUNN CLOSE: Plot and Title Map

2 GUNN CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 2 GUNN 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 GUNN 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 GUNN CLOSE?

2 GUNN CLOSE is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 2 on GUNN CLOSE.