Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 BLACK SWAN CLOSE is a very small detached house of 48m², built sometime between 1991 and 1995. It was last sold for £119,000 in January 2015, which was around 43% below the average January 2015 detached price in the Gedling local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 BLACK SWAN CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 5 BLACK SWAN 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 |
---|---|---|---|
2015 30 JAN | £119,000 | £207,332 | 43% below HPI |
1999 25 MAY | £59,500 | £85,129 | 30% below HPI |
1998 15 MAY | £58,950 | £80,744 | 27% below HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 5 BLACK SWAN CLOSE sales between May 1998 and January 2015 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 May 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
5 BLACK SWAN CLOSE is 48m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 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 BLACK SWAN CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 5 BLACK SWAN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Arnold.
5 BLACK SWAN CLOSE sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 5 BLACK SWAN 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 5 BLACK SWAN 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.
5 BLACK SWAN CLOSE is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 5 on BLACK SWAN CLOSE.