3, BIRCH LEA, REDHILL, NOTTINGHAM, NG5 8LT - £132,000

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 BIRCH LEA is a very large extended detached house of 197m², built sometime between 1950 and 1966. It was last sold for £132,000 in October 1999, which was around 48% above the average October 1999 detached price in the Gedling local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

3 BIRCH LEA Sold Prices

Land registry data shows two sales for 3 BIRCH LEA 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 3 BIRCH LEA sales 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
1999 22 OCT	£132,000	£89,419	48% above HPI
1997 28 NOV	£105,000	£79,816	32% above HPI

3 BIRCH LEA 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 3 BIRCH LEA sales from November 1997 and October 1999 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 1997 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 1999 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 3 BIRCH LEA?

3 BIRCH LEA is 197m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 3 BIRCH LEA lies on this distribution: 95% of detached houses are smaller than 3 BIRCH LEA, and 5% of houses are larger. Note that EPC data is not available for all properties in Arnold.

3 BIRCH LEA: Plot and Title Map

3 BIRCH LEA sits on a plot of roughly 0.229 of an acre, or 926m². The below map shows the location of 3 BIRCH LEA, 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 BIRCH LEA). 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 BIRCH LEA?

3 BIRCH LEA is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 3 on BIRCH LEA.