2, MEDEN CLOSE, NOTTINGHAM, NG11 8PP - £355,200

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 MEDEN CLOSE is a large extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £355,200 in July 2023, which was around 8% above the average July 2023 detached price in the City of Nottingham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

2 MEDEN CLOSE Sold Prices

Land registry data shows three sales for 2 MEDEN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the three 2 MEDEN 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
2023 21 JUL	£355,200	£329,645	8% above HPI
1997 10 OCT	£88,000	£57,357	53% above HPI
1997 9 MAY	£76,000	£55,341	37% above HPI

2 MEDEN 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 three 2 MEDEN CLOSE sales between May 1997 and July 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 October 1997 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the July 2023 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 2 MEDEN CLOSE?

2 MEDEN CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% of detached houses in Clifton, based on EPC data. The below chart shows the distribution of detached houses by size in Clifton, and where 2 MEDEN CLOSE lies on this distribution: 69% of detached houses are smaller than 2 MEDEN CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Clifton.

2 MEDEN CLOSE: Plot and Title Map

2 MEDEN CLOSE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 2 MEDEN 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 MEDEN 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 MEDEN CLOSE?

2 MEDEN CLOSE is located in NOTTINGHAM, in the NG11 postcode district. The below map shows the position of No. 2 on MEDEN CLOSE.