5, LARGS CLOSE, NOTTINGHAM, NG5 5DG - £180,000

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 LARGS CLOSE is a small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £180,000 in August 2017, which was around 19% below the average August 2017 detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

5 LARGS CLOSE Sold Prices

Land registry data shows four sales for 5 LARGS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Most of the four 5 LARGS 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
2017 30 AUG	£180,000	£222,352	19% below HPI
2008 4 JUL	£129,950	£141,474	8% below HPI
2007 30 APR	£177,000	£143,713	23% above HPI
2001 19 NOV	£34,000	£79,208	57% below HPI

5 LARGS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four 5 LARGS CLOSE sales between November 2001 and August 2017 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 July 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 5 LARGS CLOSE?

5 LARGS CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% 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 LARGS CLOSE lies on this distribution: 26% of detached houses are smaller than 5 LARGS CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

5 LARGS CLOSE: Plot and Title Map

5 LARGS CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 5 LARGS 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 LARGS 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 LARGS CLOSE?

5 LARGS CLOSE is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 5 on LARGS CLOSE.