Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
6 ELM CLOSE is a very small extended detached house of 64m², built sometime between 1950 and 1966. It was last sold for £320,000 in May 2023, which was around 31% below the average May 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 6 ELM CLOSE since 1st 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 6 ELM 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 26 MAY | £320,000 | £460,856 | 31% below HPI |
2014 18 AUG | £130,000 | £294,777 | 56% below HPI |
2000 16 MAR | £73,000 | £131,683 | 45% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 6 ELM CLOSE sales between March 2000 and May 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 August 2014 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the May 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
6 ELM CLOSE is 64m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Keyworth, based on EPC data. The below chart shows the distribution of detached houses by size in Keyworth, and where 6 ELM CLOSE lies on this distribution: 4% of detached houses are smaller than 6 ELM CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Keyworth.
6 ELM CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 6 ELM 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 6 ELM 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.
6 ELM CLOSE is located in KEYWORTH, in the NG12 postcode district. The below map shows the position of No. 6 on ELM CLOSE.