2, THE NOOK, CHILWELL, NOTTINGHAM, NG9 5AB - £295,000

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 NOOK is a small detached house of 85m², built sometime between 1930 and 1949. It was last sold for £295,000 in December 2022, which was around 15% below the average December 2022 detached price in the Broxtowe local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

2 THE NOOK Sold Prices

Land registry data shows two sales for 2 THE NOOK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 2 THE NOOK 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 16 DEC	£295,000	£345,057	15% below HPI
2006 3 NOV	£178,000	£197,734	10% below HPI

2 THE NOOK 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 two 2 THE NOOK sales from November 2006 and December 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 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 THE NOOK?

2 THE NOOK is 85m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% 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 THE NOOK lies on this distribution: 20% of detached houses are smaller than 2 THE NOOK, and 79% of houses are larger. Note that EPC data is not available for all properties in Beeston.

2 THE NOOK: Plot and Title Map

2 THE NOOK sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 THE NOOK, 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 NOOK). 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 NOOK?

2 THE NOOK is located in CHILWELL, in the NG9 postcode district. The below map shows the position of No. 2 on THE NOOK.