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 RIVERSIDE CLOSE is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £147,500 in January 2013, which was around 37% below the average January 2013 detached price in the Melton local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 3 RIVERSIDE CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 3 RIVERSIDE 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 |
---|---|---|---|
2013 24 JAN | £147,500 | £233,774 | 37% below HPI |
1995 1 MAR | £59,995 | £73,763 | 19% below HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The two 3 RIVERSIDE CLOSE sales from March 1995 and January 2013 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 March 1995 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2013 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
3 RIVERSIDE CLOSE is 72m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses in Bottesford, based on EPC data. The below chart shows the distribution of detached houses by size in Bottesford, and where 3 RIVERSIDE CLOSE lies on this distribution: 10% of detached houses are smaller than 3 RIVERSIDE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bottesford.
3 RIVERSIDE CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 3 RIVERSIDE 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 RIVERSIDE 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.
3 RIVERSIDE CLOSE is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 3 on RIVERSIDE CLOSE.