3, SOUTHWELL RISE, GILTBROOK, NOTTINGHAM, NG16 2WQ - £351,000

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 SOUTHWELL RISE is a very large detached house of 120m², built sometime between 1991 and 1995. It was last sold for £351,000 in May 2022, which was around 8% above the average May 2022 detached price in the Broxtowe local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

3 SOUTHWELL RISE Sold Prices

Land registry data shows two sales for 3 SOUTHWELL RISE 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 SOUTHWELL RISE 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
2022 24 MAY	£351,000	£325,574	8% above HPI
1997 26 JUN	£89,995	£72,777	24% above HPI

3 SOUTHWELL RISE 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 SOUTHWELL RISE sales from June 1997 and May 2022 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 June 1997 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 3 SOUTHWELL RISE?

3 SOUTHWELL RISE is 120m² according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 3 SOUTHWELL RISE lies on this distribution: 82% of detached houses are smaller than 3 SOUTHWELL RISE, and 18% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

3 SOUTHWELL RISE: Plot and Title Map

3 SOUTHWELL RISE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 3 SOUTHWELL RISE, 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 SOUTHWELL RISE). 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 SOUTHWELL RISE?

3 SOUTHWELL RISE is located in GILTBROOK, in the NG16 postcode district. The below map shows the position of No. 3 on SOUTHWELL RISE.