7, BUTTERMERE CLOSE, GAMSTON, NOTTINGHAM, NG2 6NB - £385,000

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

7 BUTTERMERE CLOSE is a midsized detached house of 122m², built sometime between 1983 and 1990. It was last sold for £385,000 in March 2024, which was around 17% below the average March 2024 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

7 BUTTERMERE CLOSE Sold Prices

Land registry data shows three sales for 7 BUTTERMERE 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. Two of the three 7 BUTTERMERE CLOSE sales were for below the average price, whilst one was 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
2024 8 MAR	£385,000	£464,452	17% below HPI
2003 2 MAY	£225,000	£228,460	2% below HPI
1996 27 SEP	£103,000	£93,017	11% above HPI

7 BUTTERMERE 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 BUTTERMERE CLOSE sales between September 1996 and March 2024 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 May 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 BUTTERMERE CLOSE?

7 BUTTERMERE CLOSE is 122m² according to the EPC inspection conducted in July 2023. This puts it in the largest 50% 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 BUTTERMERE CLOSE lies on this distribution: 53% of detached houses are smaller than 7 BUTTERMERE CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Gamston.

7 BUTTERMERE CLOSE: Plot and Title Map

7 BUTTERMERE CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 7 BUTTERMERE 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 BUTTERMERE 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 BUTTERMERE CLOSE?

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