3, OAKMERE CLOSE, EDWALTON, NOTTINGHAM, NG12 4FJ - £415,000

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 OAKMERE CLOSE is a small extended detached house of 122m², built sometime between 1996 and 2002. It was last sold for £415,000 in December 2020, which was around 4% above the average December 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

3 OAKMERE CLOSE Sold Prices

Land registry data shows five sales for 3 OAKMERE 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. All of the five 3 OAKMERE CLOSE 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
2020 9 DEC	£415,000	£400,315	4% above HPI
2016 14 OCT	£375,000	£349,623	7% above HPI
2001 16 FEB	£149,000	£145,391	2% above HPI
1997 28 FEB	£99,000	£96,317	3% above HPI
1996 14 JUN	£109,995	£89,309	23% above HPI

3 OAKMERE 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 OAKMERE CLOSE sales between June 1996 and December 2020 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 October 2016 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2020 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 3 OAKMERE CLOSE?

3 OAKMERE CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% 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 OAKMERE CLOSE lies on this distribution: 31% of detached houses are smaller than 3 OAKMERE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Edwalton.

3 OAKMERE CLOSE: Plot and Title Map

3 OAKMERE CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 OAKMERE 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 OAKMERE 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 OAKMERE CLOSE?

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