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 NEWLANDS CLOSE is a very small extended detached house of 107m², built sometime between 1991 and 1995. It was last sold for £435,500 in March 2021, which was around 4% above the average March 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 4 NEWLANDS CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. The four 4 NEWLANDS CLOSE sales were a mix of above the average price, and roughly equal to 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 |
---|---|---|---|
2021 22 MAR | £435,500 | £417,162 | 4% above HPI |
2018 13 SEP | £374,500 | £374,732 | Close to HPI |
2004 19 AUG | £270,000 | £259,663 | 4% above HPI |
1995 23 NOV | £111,000 | £89,173 | 24% above HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 4 NEWLANDS CLOSE sales between November 1995 and March 2021 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 September 2018 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.
4 NEWLANDS CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses in Edwalton, based on EPC data. The below chart shows the distribution of detached houses by size in Edwalton, and where 4 NEWLANDS CLOSE lies on this distribution: 15% of detached houses are smaller than 4 NEWLANDS CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Edwalton.
4 NEWLANDS CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 4 NEWLANDS 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 NEWLANDS 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 NEWLANDS CLOSE is located in EDWALTON, in the NG12 postcode district. The below map shows the position of No. 4 on NEWLANDS CLOSE.