5, COMMONS CLOSE, NEWTHORPE, NOTTINGHAM, NG16 2BU - £242,000

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 COMMONS CLOSE is a very small detached house of 39m², built sometime between 1967 and 1975. It was last sold for £242,000 in July 2024, which was around 31% below the average July 2024 detached price in the Broxtowe local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

5 COMMONS CLOSE Sold Prices

Land registry data shows two sales for 5 COMMONS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 5 COMMONS 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
2024 5 JUL	£242,000	£348,688	31% below HPI
2002 29 OCT	£97,000	£144,075	33% below HPI

5 COMMONS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 5 COMMONS CLOSE sales from October 2002 and July 2024 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 October 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2024 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 COMMONS CLOSE?

5 COMMONS CLOSE is 39m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 5 COMMONS CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 5 COMMONS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

5 COMMONS CLOSE: Plot and Title Map

5 COMMONS CLOSE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 5 COMMONS 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 COMMONS 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 5 COMMONS CLOSE?

5 COMMONS CLOSE is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 5 on COMMONS CLOSE.