5, LEMA CLOSE, NOTTINGHAM, NG6 9JJ - £205,000

5 LEMA CLOSE is a small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £205,000 in September 2019, which was around 16% below the average September 2019 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

5 LEMA CLOSE Sold Prices

Land registry data shows two sales for 5 LEMA 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 City of Nottingham local authority area for the corresponding sale date. One of the two 5 LEMA CLOSE sales was for below the average price, whilst the other was 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
2019 27 SEP	£205,000	£243,571	16% below HPI
2006 17 JUL	£149,500	£142,843	5% above HPI

5 LEMA 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 two 5 LEMA CLOSE sales from July 2006 and September 2019 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 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 LEMA CLOSE?

5 LEMA CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in April 2019. 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 LEMA CLOSE lies on this distribution: 29% of detached houses are smaller than 5 LEMA CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

5 LEMA CLOSE: Plot and Title Map

5 LEMA CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 5 LEMA 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 LEMA 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 LEMA CLOSE?

5 LEMA CLOSE is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 5 on LEMA CLOSE.