4, LEEN CLOSE, BESTWOOD VILLAGE, NOTTINGHAM, NG6 8XD - £315,000

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 LEEN CLOSE is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £315,000 in July 2022, which was around 9% below the average July 2022 detached price in the Gedling local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

4 LEEN CLOSE Sold Prices

Land registry data shows two sales for 4 LEEN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 4 LEEN 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 28 JUL	£315,000	£345,124	9% below HPI
2015 4 DEC	£197,000	£226,972	13% below HPI

4 LEEN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 4 LEEN CLOSE sales from December 2015 and July 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 December 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 4 LEEN CLOSE?

4 LEEN CLOSE is 98m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Bestwood Village, based on EPC data. The below chart shows the distribution of detached houses by size in Bestwood Village, and where 4 LEEN CLOSE lies on this distribution: 32% of detached houses are smaller than 4 LEEN CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Bestwood Village.

4 LEEN CLOSE: Plot and Title Map

4 LEEN CLOSE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 4 LEEN 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 LEEN 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 LEEN CLOSE?

4 LEEN CLOSE is located in BESTWOOD VILLAGE, in the NG6 postcode district. The below map shows the position of No. 4 on LEEN CLOSE.