2, THE MOUNT, REDHILL, NOTTINGHAM, NG5 8LU - £535,000

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 THE MOUNT is a very large extended detached house of 209m², built sometime between 1900 and 1929. It was last sold for £535,000 in February 2022, which was around 63% above the average February 2022 detached price in the Gedling local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

2 THE MOUNT Sold Prices

Land registry data shows two sales for 2 THE MOUNT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 2 THE MOUNT 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
2022 10 FEB	£535,000	£328,762	63% above HPI
2018 25 JAN	£315,000	£252,221	25% above HPI

2 THE MOUNT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 2 THE MOUNT sales from January 2018 and February 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 January 2018 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2022 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 2 THE MOUNT?

2 THE MOUNT is 209m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 2 THE MOUNT lies on this distribution: 96% of detached houses are smaller than 2 THE MOUNT, and 4% of houses are larger. Note that EPC data is not available for all properties in Arnold.

2 THE MOUNT: Plot and Title Map

2 THE MOUNT sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 2 THE MOUNT, 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 THE MOUNT). 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 THE MOUNT?

2 THE MOUNT is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 2 on THE MOUNT.