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 MALTING CLOSE is a very small detached house of 56m², built sometime between 1976 and 1982. It was last sold for £300,000 in June 2023, which was around 35% below the average June 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 4 MALTING CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 4 MALTING 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 |
---|---|---|---|
2023 30 JUN | £300,000 | £461,892 | 35% below HPI |
2004 29 APR | £170,000 | £239,984 | 29% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 4 MALTING CLOSE sales from April 2004 and June 2023 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 April 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
4 MALTING CLOSE is 56m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Ruddington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruddington, and where 4 MALTING CLOSE lies on this distribution: 2% of detached houses are smaller than 4 MALTING CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ruddington.
4 MALTING CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 4 MALTING 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 MALTING 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.
4 MALTING CLOSE is located in RUDDINGTON, in the NG11 postcode district. The below map shows the position of No. 4 on MALTING CLOSE.