5, BIRCH LEA, REDHILL, NOTTINGHAM, NG5 8LT - £360,000

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

5 BIRCH LEA is a very large extended detached house of 204m², built sometime between 1976 and 1982. It was last sold for £360,000 in May 2014, which was around 83% above the average May 2014 detached price in the Gedling local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

5 BIRCH LEA Sold Prices

Land registry data shows four sales for 5 BIRCH LEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the four 5 BIRCH LEA sales were for above 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
2014 29 MAY	£360,000	£196,438	83% above HPI
2007 16 NOV	£400,000	£213,190	88% above HPI
1999 20 OCT	£200,000	£89,419	124% above HPI
1997 15 JAN	£180,000	£75,027	140% above HPI

5 BIRCH LEA 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 four 5 BIRCH LEA sales between January 1997 and May 2014 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 November 2007 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the May 2014 sale, where it falls to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is 5 BIRCH LEA?

5 BIRCH LEA is 204m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 5 BIRCH LEA lies on this distribution: 96% of detached houses are smaller than 5 BIRCH LEA, and 4% of houses are larger. Note that EPC data is not available for all properties in Arnold.

5 BIRCH LEA: Plot and Title Map

5 BIRCH LEA sits on a plot of roughly 0.303 of an acre, or 1,226m². The below map shows the location of 5 BIRCH LEA, 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 5 BIRCH LEA). 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 5 BIRCH LEA?

5 BIRCH LEA is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 5 on BIRCH LEA.