5, METEOR CLOSE, NEWTON, NOTTINGHAM, NG13 8ZL - £403,000

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 METEOR CLOSE is a midsized extended detached house of 136m², built sometime between 2003 and 2006. It was last sold for £403,000 in September 2023, which was around 14% below the average September 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

5 METEOR CLOSE Sold Prices

Land registry data shows three sales for 5 METEOR 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 Rushcliffe local authority area for the corresponding sale date. All of the three 5 METEOR 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
2023 7 SEP	£403,000	£467,235	14% below HPI
2018 10 JUL	£298,500	£369,890	19% below HPI
2012 12 OCT	£237,496	£275,955	14% below HPI

5 METEOR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 5 METEOR CLOSE sales between October 2012 and September 2023 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 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 5 METEOR CLOSE?

5 METEOR CLOSE is 136m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of detached houses in Newton, based on EPC data. The below chart shows the distribution of detached houses by size in Newton, and where 5 METEOR CLOSE lies on this distribution: 52% of detached houses are smaller than 5 METEOR CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Newton.

5 METEOR CLOSE: Plot and Title Map

5 METEOR CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 5 METEOR 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 METEOR 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 METEOR CLOSE?

5 METEOR CLOSE is located in NEWTON, in the NG13 postcode district. The below map shows the position of No. 5 on METEOR CLOSE.