Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources
7 COMMONS CLOSE is a small extended detached house of 69m², built sometime between 1976 and 1982. It was last sold for £235,000 in August 2023, which was around 34% below the average August 2023 detached price in the Broxtowe local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 COMMONS CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 7 COMMONS 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 8 AUG | £235,000 | £357,182 | ![]() 34% below HPI |
2022 4 MAR | £235,000 | £316,064 | ![]() 26% below HPI |
The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 7 COMMONS CLOSE sales from March 2022 and August 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 March 2022 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
7 COMMONS CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 7 COMMONS CLOSE lies on this distribution: 20% of detached houses are smaller than 7 COMMONS CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Eastwood.
7 COMMONS CLOSE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 7 COMMONS 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 COMMONS 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.
7 COMMONS CLOSE is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 7 on COMMONS CLOSE.