7, BOWNESS CLOSE, GAMSTON, NOTTINGHAM, NG2 6PE - £542,500

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

7 BOWNESS CLOSE is a very large extended detached house of 173m², built sometime between 1996 and 2002. It was last sold for £542,500 in August 2020, which was around 34% above the average August 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

7 BOWNESS CLOSE Sold Prices

Land registry data shows three sales for 7 BOWNESS 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 Rushcliffe local authority area for the corresponding sale date. All of the three 7 BOWNESS CLOSE 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
2020 11 AUG	£542,500	£403,968	34% above HPI
2008 7 APR	£365,000	£272,655	34% above HPI
2007 10 SEP	£325,000	£288,396	13% above HPI

7 BOWNESS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 7 BOWNESS CLOSE sales between September 2007 and August 2020 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 April 2008 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2020 sale, which was also at 34% above the HPI.

How Large is 7 BOWNESS CLOSE?

7 BOWNESS CLOSE is 173m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 20% of detached houses in Gamston, based on EPC data. The below chart shows the distribution of detached houses by size in Gamston, and where 7 BOWNESS CLOSE lies on this distribution: 86% of detached houses are smaller than 7 BOWNESS CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Gamston.

7 BOWNESS CLOSE: Plot and Title Map

7 BOWNESS CLOSE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 7 BOWNESS 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 7 BOWNESS 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 7 BOWNESS CLOSE?

7 BOWNESS CLOSE is located in GAMSTON, in the NG2 postcode district. The below map shows the position of No. 7 on BOWNESS CLOSE.