4, AIRA CLOSE, GAMSTON, NOTTINGHAM, NG2 6QH - £155,000

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

4 AIRA CLOSE is a small extended detached house of 110m², built sometime between 1991 and 1995. It was last sold for £155,000 in March 2002, which was around 8% below the average March 2002 detached price in the Rushcliffe local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

4 AIRA CLOSE Sold Prices

Land registry data shows three sales for 4 AIRA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Two of the three 4 AIRA CLOSE sales were for below the average price, whilst one was 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
2002 8 MAR	£155,000	£169,072	8% below HPI
1999 1 FEB	£99,000	£108,728	9% below HPI
1996 17 JUL	£93,100	£88,280	5% above HPI

4 AIRA 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 three 4 AIRA CLOSE sales between July 1996 and March 2002 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 February 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2002 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 4 AIRA CLOSE?

4 AIRA CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Gamston, based on EPC data. The below chart shows the distribution of detached houses by size in Gamston, and where 4 AIRA CLOSE lies on this distribution: 40% of detached houses are smaller than 4 AIRA CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Gamston.

4 AIRA CLOSE: Plot and Title Map

4 AIRA CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 4 AIRA 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 4 AIRA 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 4 AIRA CLOSE?

4 AIRA CLOSE is located in GAMSTON, in the NG2 postcode district. The below map shows the position of No. 4 on AIRA CLOSE.