6, PENNINE CLOSE, ARNOLD, NOTTINGHAM, NG5 9PT - £176,000

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

6 PENNINE CLOSE is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £176,000 in May 2017, which was around 28% below the average May 2017 detached price in the Gedling local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

6 PENNINE CLOSE Sold Prices

Land registry data shows three sales for 6 PENNINE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 6 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
2017 15 MAY	£176,000	£245,509	28% below HPI
2013 11 OCT	£132,500	£191,347	31% below HPI
2002 6 AUG	£78,000	£141,343	45% below HPI

6 PENNINE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 6 PENNINE CLOSE sales between August 2002 and May 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 October 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 6 PENNINE CLOSE?

6 PENNINE CLOSE is 61m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 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 6 PENNINE CLOSE lies on this distribution: 5% of detached houses are smaller than 6 PENNINE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

6 PENNINE CLOSE: Plot and Title Map

6 PENNINE CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 6 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 6 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 6 PENNINE CLOSE?

6 PENNINE CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 6 on PENNINE CLOSE.