3, DERWENT CLOSE, GAMSTON, NOTTINGHAM, NG2 6NF - £360,000

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 DERWENT CLOSE is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £360,000 in July 2019, which was around 6% below the average July 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

3 DERWENT CLOSE Sold Prices

Land registry data shows five sales for 3 DERWENT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Most of the five 3 DERWENT 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
2019 19 JUL	£360,000	£382,803	6% below HPI
2014 28 JAN	£295,000	£283,966	4% above HPI
2009 18 DEC	£275,000	£265,554	4% above HPI
2007 19 DEC	£280,000	£282,703	1% below HPI
2007 20 JUL	£247,500	£282,176	12% below HPI

3 DERWENT 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 five 3 DERWENT CLOSE sales between July 2007 and July 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 January 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 3 DERWENT CLOSE?

3 DERWENT CLOSE is 116m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 50% of detached houses in Gamston, based on EPC data. The below chart shows the distribution of detached houses by size in Gamston, and where 3 DERWENT CLOSE lies on this distribution: 49% of detached houses are smaller than 3 DERWENT CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Gamston.

3 DERWENT CLOSE: Plot and Title Map

3 DERWENT CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 3 DERWENT 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 DERWENT 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 DERWENT CLOSE?

3 DERWENT CLOSE is located in GAMSTON, in the NG2 postcode district. The below map shows the position of No. 3 on DERWENT CLOSE.