2, MILLBECK CLOSE, GAMSTON, NOTTINGHAM, NG2 6PY - £430,000

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 MILLBECK CLOSE is a midsized extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £430,000 in October 2022, which was around 8% below the average October 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

2 MILLBECK CLOSE Sold Prices

Land registry data shows three sales for 2 MILLBECK 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 Rushcliffe local authority area for the corresponding sale date. All of the three 2 MILLBECK 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
2022 19 OCT	£430,000	£469,918	8% below HPI
2004 17 NOV	£218,000	£268,784	19% below HPI
2000 28 FEB	£115,000	£128,144	10% below HPI

2 MILLBECK 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 three 2 MILLBECK CLOSE sales between February 2000 and October 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 November 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 MILLBECK CLOSE?

2 MILLBECK CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses in Gamston, based on EPC data. The below chart shows the distribution of detached houses by size in Gamston, and where 2 MILLBECK CLOSE lies on this distribution: 45% of detached houses are smaller than 2 MILLBECK CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Gamston.

2 MILLBECK CLOSE: Plot and Title Map

2 MILLBECK CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 2 MILLBECK 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 MILLBECK 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 MILLBECK CLOSE?

2 MILLBECK CLOSE is located in GAMSTON, in the NG2 postcode district. The below map shows the position of No. 2 on MILLBECK CLOSE.