5, MINSTER GARDENS, NEWTHORPE, NOTTINGHAM, NG16 2AT - £143,500

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 MINSTER GARDENS is a small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £143,500 in July 2017, which was around 40% below the average July 2017 detached price in the Broxtowe local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

5 MINSTER GARDENS Sold Prices

Land registry data shows three sales for 5 MINSTER GARDENS 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 MINSTER GARDENS 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 19 JUL	£143,500	£238,137	40% below HPI
2009 6 NOV	£116,000	£183,023	37% below HPI
2009 18 SEP	£106,000	£182,223	42% below HPI

5 MINSTER GARDENS 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 MINSTER GARDENS sales between September 2009 and July 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 November 2009 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 5 MINSTER GARDENS?

5 MINSTER GARDENS is 74m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 30% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 5 MINSTER GARDENS lies on this distribution: 29% of detached houses are smaller than 5 MINSTER GARDENS, and 71% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

5 MINSTER GARDENS: Plot and Title Map

5 MINSTER GARDENS sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 5 MINSTER GARDENS, 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 MINSTER GARDENS). 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 MINSTER GARDENS?

5 MINSTER GARDENS is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 5 on MINSTER GARDENS.