5, PENNINE CLOSE, LONG EATON, NOTTINGHAM, NG10 4JT - £153,000

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 PENNINE CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £153,000 in June 2014, which was around 18% below the average June 2014 detached price in the Erewash local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

5 PENNINE CLOSE Sold Prices

Land registry data shows two sales for 5 PENNINE 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 Erewash local authority area for the corresponding sale date. Both of the two 5 PENNINE 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
2014 18 JUN	£153,000	£186,005	18% below HPI
2004 26 MAR	£149,950	£154,442	3% below HPI

5 PENNINE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 5 PENNINE CLOSE sales from March 2004 and June 2014 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 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 5 PENNINE CLOSE?

5 PENNINE CLOSE is 69m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses in Long Eaton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Eaton, and where 5 PENNINE CLOSE lies on this distribution: 9% of detached houses are smaller than 5 PENNINE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.

5 PENNINE CLOSE: Plot and Title Map

5 PENNINE CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 5 PENNINE 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 PENNINE 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 PENNINE CLOSE?

5 PENNINE CLOSE is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 5 on PENNINE CLOSE.