3, BAKERS CLOSE, COTGRAVE, NOTTINGHAM, NG12 3RG - £320,000

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

3 BAKERS CLOSE is a very small detached house of 83m², built sometime between 2003 and 2006. It was last sold for £320,000 in June 2023, which was around 31% below the average June 2023 detached price in the Rushcliffe 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.

3 BAKERS CLOSE Sold Prices

Land registry data shows three sales for 3 BAKERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 3 BAKERS 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
2023 9 JUN	£320,000	£461,892	31% below HPI
2016 14 SEP	£225,000	£345,535	35% below HPI
2010 15 OCT	£175,000	£282,186	38% below HPI

3 BAKERS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 3 BAKERS CLOSE sales between October 2010 and June 2023 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 September 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 BAKERS CLOSE?

3 BAKERS CLOSE is 83m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in Cotgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Cotgrave, and where 3 BAKERS CLOSE lies on this distribution: 18% of detached houses are smaller than 3 BAKERS CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Cotgrave.

3 BAKERS CLOSE: Plot and Title Map

3 BAKERS CLOSE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 3 BAKERS 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 3 BAKERS 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 3 BAKERS CLOSE?

3 BAKERS CLOSE is located in COTGRAVE, in the NG12 postcode district. The below map shows the position of No. 3 on BAKERS CLOSE.