7, LACE GARDENS, RUDDINGTON, NOTTINGHAM, NG11 6FH - £405,000

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

7 LACE GARDENS is a midsized detached house of 134m². It was last sold for £405,000 in June 2021, which was around 1% below the average June 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was B.

7 LACE GARDENS Sold Prices

Land registry data shows two sales for 7 LACE GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 7 LACE GARDENS 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
2021 28 JUN	£405,000	£410,295	1% below HPI
2018 19 DEC	£357,157	£377,179	5% below HPI

7 LACE GARDENS 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 two 7 LACE GARDENS sales from December 2018 and June 2021 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 December 2018 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 7 LACE GARDENS?

7 LACE GARDENS is 134m² according to the EPC inspection conducted in December 2018. This puts it in the largest 50% of detached houses in Ruddington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruddington, and where 7 LACE GARDENS lies on this distribution: 59% of detached houses are smaller than 7 LACE GARDENS, and 40% of houses are larger. Note that EPC data is not available for all properties in Ruddington.

7 LACE GARDENS: Plot and Title Map

7 LACE GARDENS sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 7 LACE GARDENS, 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 LACE GARDENS). 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 LACE GARDENS?

7 LACE GARDENS is located in RUDDINGTON, in the NG11 postcode district. The below map shows the position of No. 7 on LACE GARDENS.