2, LARCH CLOSE, UNDERWOOD, NOTTINGHAM, NG16 5FA - £410,000

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 LARCH CLOSE is a very large detached house of 160m², built sometime between 1996 and 2002. It was last sold for £410,000 in April 2022, which was around 61% above the average April 2022 detached price in the Ashfield local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

2 LARCH CLOSE Sold Prices

Land registry data shows four sales for 2 LARCH 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 Ashfield local authority area for the corresponding sale date. All of the four 2 LARCH CLOSE sales were for above 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 22 APR	£410,000	£254,828	61% above HPI
2009 21 SEP	£265,000	£141,558	87% above HPI
2003 25 SEP	£245,000	£121,486	102% above HPI
1999 18 JUN	£146,000	£62,054	135% above HPI

2 LARCH 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 four 2 LARCH CLOSE sales between June 1999 and April 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 September 2009 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the April 2022 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 2 LARCH CLOSE?

2 LARCH CLOSE is 160m² according to the EPC inspection conducted in May 2009. This puts it in the largest 20% of detached houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses by size in Underwood, and where 2 LARCH CLOSE lies on this distribution: 86% of detached houses are smaller than 2 LARCH CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Underwood.

2 LARCH CLOSE: Plot and Title Map

2 LARCH CLOSE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 2 LARCH 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 LARCH 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 LARCH CLOSE?

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