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 GUNN CLOSE is a very small extended detached house of 72m², built sometime between 1983 and 1990. It was last sold for £79,110 in February 2013, which was around 37% below the average February 2013 detached price in the City of Nottingham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 GUNN CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 5 GUNN 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 |
---|---|---|---|
2013 28 FEB | £79,110 | £125,523 | 37% below HPI |
1996 29 MAR | £49,000 | £50,407 | 3% below HPI |
The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 5 GUNN CLOSE sales from March 1996 and February 2013 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 March 1996 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2013 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
5 GUNN CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 5 GUNN CLOSE lies on this distribution: 12% of detached houses are smaller than 5 GUNN CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
5 GUNN CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 5 GUNN 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 GUNN 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 GUNN CLOSE is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 5 on GUNN CLOSE.