4, HOUSTON CLOSE, NOTTINGHAM, NG5 5DQ - £225,000

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 HOUSTON CLOSE is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £225,000 in February 2022, which was around 25% below the average February 2022 detached price in the City of Nottingham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

4 HOUSTON CLOSE Sold Prices

Land registry data shows three sales for 4 HOUSTON 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 City of Nottingham local authority area for the corresponding sale date. All of the three 4 HOUSTON 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
2022 25 FEB	£225,000	£301,294	25% below HPI
2018 1 FEB	£169,950	£230,574	26% below HPI
2017 27 JAN	£131,000	£217,687	40% below HPI

4 HOUSTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 4 HOUSTON CLOSE sales between January 2017 and February 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 February 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 4 HOUSTON CLOSE?

4 HOUSTON CLOSE is 60m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 4 HOUSTON CLOSE lies on this distribution: 4% of detached houses are smaller than 4 HOUSTON CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

4 HOUSTON CLOSE: Plot and Title Map

4 HOUSTON CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 4 HOUSTON 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 HOUSTON 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 HOUSTON CLOSE?

4 HOUSTON CLOSE is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 4 on HOUSTON CLOSE.