2B, THE MOUNT, REDHILL, NOTTINGHAM, NG5 8LU - £285,000

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

2B THE MOUNT is a small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £285,000 in January 2021, which was around 6% below the average January 2021 detached price in the Gedling local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

2B THE MOUNT Sold Prices

Land registry data shows two sales for 2B 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 2B THE MOUNT 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
2021 11 JAN	£285,000	£303,962	6% below HPI
2016 15 MAR	£175,000	£226,825	23% below HPI

2B 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 2B THE MOUNT sales from March 2016 and January 2021 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 March 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2B THE MOUNT?

2B THE MOUNT is 89m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 2B THE MOUNT lies on this distribution: 25% of detached houses are smaller than 2B THE MOUNT, and 75% of houses are larger. Note that EPC data is not available for all properties in Arnold.

2B THE MOUNT: Plot and Title Map

2B THE MOUNT sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 2B 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 2B 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 2B THE MOUNT?

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