3, GUM TREE CLOSE, EDWALTON, NOTTINGHAM, NG12 4FZ - £421,000

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 GUM TREE CLOSE is a very small detached house of 88m². It was last sold for £421,000 in June 2023, which was around 9% below the average June 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was A.

3 GUM TREE CLOSE Sold Prices

Land registry data shows two sales for 3 GUM TREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 3 GUM TREE 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 28 JUN	£421,000	£461,892	9% below HPI
2018 27 SEP	£325,995	£374,732	13% below HPI

3 GUM TREE 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 two 3 GUM TREE CLOSE sales from September 2018 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 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 GUM TREE CLOSE?

3 GUM TREE CLOSE is 88m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses in Edwalton, based on EPC data. The below chart shows the distribution of detached houses by size in Edwalton, and where 3 GUM TREE CLOSE lies on this distribution: 3% of detached houses are smaller than 3 GUM TREE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Edwalton.

3 GUM TREE CLOSE: Plot and Title Map

3 GUM TREE CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 3 GUM TREE 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 GUM TREE 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 GUM TREE CLOSE?

3 GUM TREE CLOSE is located in EDWALTON, in the NG12 postcode district. The below map shows the position of No. 3 on GUM TREE CLOSE.