3, LYONS CLOSE, RUDDINGTON, NOTTINGHAM, NG11 6BQ - £287,000

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 LYONS CLOSE is a very small detached house of 43m², built sometime between 1991 and 1995. It was last sold for £287,000 in August 2021, which was around 31% below the average August 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

3 LYONS CLOSE Sold Prices

Land registry data shows two sales for 3 LYONS 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 LYONS 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
2021 17 AUG	£287,000	£413,188	31% below HPI
2019 20 SEP	£170,000	£376,583	55% below HPI

3 LYONS 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 LYONS CLOSE sales from September 2019 and August 2021 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 2019 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 LYONS CLOSE?

3 LYONS CLOSE is 43m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Ruddington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruddington, and where 3 LYONS CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 3 LYONS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ruddington.

3 LYONS CLOSE: Plot and Title Map

3 LYONS CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 3 LYONS 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 LYONS 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 LYONS CLOSE?

3 LYONS CLOSE is located in RUDDINGTON, in the NG11 postcode district. The below map shows the position of No. 3 on LYONS CLOSE.