5, JOHNSON CLOSE, WATNALL, NOTTINGHAM, NG16 1GJ - £425,000

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 JOHNSON CLOSE is a large detached house of 138m², built sometime between 1976 and 1982. It was last sold for £425,000 in October 2021, which was around 40% above the average October 2021 detached price in the Broxtowe local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

5 JOHNSON CLOSE Sold Prices

Land registry data shows three sales for 5 JOHNSON 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 Broxtowe local authority area for the corresponding sale date. All of the three 5 JOHNSON CLOSE 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
2021 22 OCT	£425,000	£303,548	40% above HPI
2007 29 JUN	£300,000	£202,199	48% above HPI
2000 16 NOV	£184,252	£99,163	86% above HPI

5 JOHNSON 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 three 5 JOHNSON CLOSE sales between November 2000 and October 2021 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 June 2007 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2021 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 5 JOHNSON CLOSE?

5 JOHNSON CLOSE is 138m² according to the EPC inspection conducted in June 2021. This puts it in the largest 40% of detached houses in Watnall, based on EPC data. The below chart shows the distribution of detached houses by size in Watnall, and where 5 JOHNSON CLOSE lies on this distribution: 67% of detached houses are smaller than 5 JOHNSON CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Watnall.

5 JOHNSON CLOSE: Plot and Title Map

5 JOHNSON CLOSE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 5 JOHNSON 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 JOHNSON 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 JOHNSON CLOSE?

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