3, LAVEROCK CLOSE, KIMBERLEY, NOTTINGHAM, NG16 2QX - £177,000

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 LAVEROCK CLOSE is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £177,000 in September 2006, which was around 11% below the average September 2006 detached price in the Broxtowe local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

3 LAVEROCK CLOSE Sold Prices

Land registry data shows two sales for 3 LAVEROCK 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 Broxtowe local authority area for the corresponding sale date. Both of the two 3 LAVEROCK 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
2006 28 SEP	£177,000	£198,729	11% below HPI
2003 29 AUG	£145,000	£176,444	18% below HPI

3 LAVEROCK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 3 LAVEROCK CLOSE sales from August 2003 and September 2006 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 August 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2006 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 LAVEROCK CLOSE?

3 LAVEROCK CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% of detached houses in Kimberley, based on EPC data. The below chart shows the distribution of detached houses by size in Kimberley, and where 3 LAVEROCK CLOSE lies on this distribution: 37% of detached houses are smaller than 3 LAVEROCK CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Kimberley.

3 LAVEROCK CLOSE: Plot and Title Map

3 LAVEROCK CLOSE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 3 LAVEROCK 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 LAVEROCK 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 LAVEROCK CLOSE?

3 LAVEROCK CLOSE is located in KIMBERLEY, in the NG16 postcode district. The below map shows the position of No. 3 on LAVEROCK CLOSE.