4, THOMAS CLOSE, CODNOR PARK, NOTTINGHAM, NG16 5RX - £180,000

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 THOMAS CLOSE is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £180,000 in November 2020, which was around 34% below the average November 2020 detached price in the Amber Valley local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

4 THOMAS CLOSE Sold Prices

Land registry data shows three sales for 4 THOMAS 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 Amber Valley local authority area for the corresponding sale date. All of the three 4 THOMAS 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
2020 16 NOV	£180,000	£272,362	34% below HPI
2017 7 JUL	£162,000	£232,289	30% below HPI
2003 28 AUG	£130,000	£148,884	13% below HPI

4 THOMAS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 4 THOMAS CLOSE sales between August 2003 and November 2020 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 July 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 4 THOMAS CLOSE?

4 THOMAS CLOSE is 80m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Ironville, based on EPC data. The below chart shows the distribution of detached houses by size in Ironville, and where 4 THOMAS CLOSE lies on this distribution: 17% of detached houses are smaller than 4 THOMAS CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ironville.

4 THOMAS CLOSE: Plot and Title Map

4 THOMAS CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 4 THOMAS 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 THOMAS 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 THOMAS CLOSE?

4 THOMAS CLOSE is located in CODNOR PARK, in the NG16 postcode district. The below map shows the position of No. 4 on THOMAS CLOSE.