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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 REDLAND CLOSE is a very small extended detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £313,433. It was last sold for £260,000 in July 2021, which was around 12% 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	£295,214	12% below HPI
2014 30 OCT	£175,000	£205,147	15% below HPI
1999 6 SEP	£58,500	£86,153	32% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 REDLAND CLOSE be worth now?

2 REDLAND CLOSE might now be worth an estimated £313,433.

This is based on house price inflation of 20.6%, between July 2021 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for 2 REDLAND CLOSE of £260,000 on 15th July 2021. For the value to have increased from £260,000 to £313,433 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 2 REDLAND CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The July 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REDLAND CLOSE has not materially changed since July 2021.

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 houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beeston, and where 2 REDLAND CLOSE lies on this distribution: 4% of detached houses 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.