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 THE POINT is a very large extended detached house of 196m², built sometime from 2007 onwards. It was last sold for £232,500 in May 2008, which was around 67% above the average May 2008 detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 5 THE POINT since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the four 5 THE POINT sales were 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 |
---|---|---|---|
2008 19 MAY | £232,500 | £139,471 | 67% above HPI |
2002 4 OCT | £221,000 | £106,839 | 107% above HPI |
2001 6 MAR | £110,000 | £69,189 | 59% above HPI |
1996 14 NOV | £95,000 | £53,899 | 76% above HPI |
The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four 5 THE POINT sales between November 1996 and May 2008 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 October 2002 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the May 2008 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.
5 THE POINT is 196m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 10% 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 THE POINT lies on this distribution: 93% of detached houses are smaller than 5 THE POINT, and 6% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
5 THE POINT sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 5 THE POINT, 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 THE POINT). 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 THE POINT is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 5 on THE POINT.