2, REDLAND CLOSE, BEESTON, NOTTINGHAM, NG9 5LA - £260,000

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 REDLAND CLOSE is a very small extended detached house of 63m², built sometime between 1967 and 1975. It was last sold for £260,000 in July 2021, which was around 11% below the average July 2021 detached price in the Broxtowe local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

2 REDLAND CLOSE Sold Prices

Land registry data shows three sales for 2 REDLAND 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 Broxtowe local authority area for the corresponding sale date. All of the three 2 REDLAND 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
2021 15 JUL	£260,000	£291,836	11% below HPI
2014 30 OCT	£175,000	£202,799	14% below HPI
1999 6 SEP	£58,500	£85,167	31% below HPI

2 REDLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 2 REDLAND CLOSE sales between September 1999 and July 2021 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 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 REDLAND CLOSE?

2 REDLAND CLOSE is 63m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% of detached houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston, and where 2 REDLAND CLOSE lies on this distribution: 4% of detached houses are smaller than 2 REDLAND CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Beeston.

2 REDLAND CLOSE: Plot and Title Map

2 REDLAND CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 2 REDLAND 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 REDLAND 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 REDLAND CLOSE?

2 REDLAND CLOSE is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 2 on REDLAND CLOSE.