22, TIREE CLOSE, TROWELL, NOTTINGHAM, NG9 3RG - £215,000

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

22 TIREE CLOSE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £215,000 in February 2024, which was around 39% below the average February 2024 detached price in the Broxtowe local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

22 TIREE CLOSE Sold Prices

Land registry data shows two sales for 22 TIREE CLOSE 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 22 TIREE 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
2024 5 FEB	£215,000	£351,311	39% below HPI
1999 28 APR	£72,000	£78,964	9% below HPI

22 TIREE 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 two 22 TIREE CLOSE sales from April 1999 and February 2024 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 April 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2024 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 22 TIREE CLOSE?

22 TIREE CLOSE is 60m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Trowell, based on EPC data. The below chart shows the distribution of detached houses by size in Trowell, and where 22 TIREE CLOSE lies on this distribution: 4% of detached houses are smaller than 22 TIREE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Trowell.

22 TIREE CLOSE: Plot and Title Map

22 TIREE CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 22 TIREE 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 22 TIREE 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 22 TIREE CLOSE?

22 TIREE CLOSE is located in TROWELL, in the NG9 postcode district. The below map shows the position of No. 22 on TIREE CLOSE.