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 RUNCIE CLOSE is a very small extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £179,950 in October 2004, which was around 32% below the average October 2004 detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 RUNCIE CLOSE since 1st 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 RUNCIE 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 |
---|---|---|---|
2004 15 OCT | £179,950 | £265,119 | 32% below HPI |
2003 28 NOV | £139,950 | £245,801 | 43% below HPI |
2000 21 JAN | £77,500 | £124,438 | 38% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 2 RUNCIE CLOSE sales between January 2000 and October 2004 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 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2004 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.
2 RUNCIE CLOSE is 83m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Cotgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Cotgrave, and where 2 RUNCIE CLOSE lies on this distribution: 18% of detached houses are smaller than 2 RUNCIE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.
2 RUNCIE CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 2 RUNCIE 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 RUNCIE 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.
2 RUNCIE CLOSE is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 2 on RUNCIE CLOSE.