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 OSBORNE CLOSE is a small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £175,000 in April 2013, which was around 5% above the average April 2013 detached price in the Erewash local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 5 OSBORNE CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Two of the four 5 OSBORNE CLOSE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2013 19 APR | £175,000 | £166,588 | 5% above HPI |
1999 26 MAR | £73,500 | £68,616 | 7% above HPI |
1997 29 AUG | £65,000 | £66,015 | 2% below HPI |
1996 2 AUG | £62,000 | £61,878 | Close to HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The four 5 OSBORNE CLOSE sales between August 1996 and April 2013 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 March 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2013 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.
5 OSBORNE CLOSE is 89m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 40% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 5 OSBORNE CLOSE lies on this distribution: 34% of detached houses are smaller than 5 OSBORNE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.
5 OSBORNE CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 5 OSBORNE 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 OSBORNE 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.
5 OSBORNE CLOSE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 5 on OSBORNE CLOSE.