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
24 BORMAN CLOSE is a midsized detached house of 110m², built sometime between 1983 and 1990. It was last sold for £200,000 in February 2019, which was around 17% below the average February 2019 detached price in the City of Nottingham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 24 BORMAN CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. One of the three 24 BORMAN CLOSE sales was for below the average price, whilst two 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 |
---|---|---|---|
2019 1 FEB | £200,000 | £240,941 | 17% below HPI |
2014 19 JUN | £175,000 | £137,786 | 27% above HPI |
1998 24 APR | £76,000 | £55,591 | 37% above HPI |
The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 24 BORMAN CLOSE sales between April 1998 and February 2019 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 June 2014 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the February 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
24 BORMAN CLOSE is 110m² according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 24 BORMAN CLOSE lies on this distribution: 58% of detached houses are smaller than 24 BORMAN CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
24 BORMAN CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 24 BORMAN 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 24 BORMAN 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.
24 BORMAN CLOSE is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 24 on BORMAN CLOSE.