7, TIREE CLOSE, TROWELL, NOTTINGHAM, NG9 3RG - £340,000

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 TIREE CLOSE is a very large extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £340,000 in May 2024, which was around 1% above the average May 2024 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

7 TIREE CLOSE Sold Prices

Land registry data shows four sales for 7 TIREE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. two of the four 7 TIREE CLOSE sales were for above the average price, and four 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
2024 20 MAY	£340,000	£337,485	1% above HPI
2021 12 MAR	£275,000	£294,121	7% below HPI
2004 23 APR	£170,000	£175,994	3% below HPI
1999 2 JUL	£87,500	£82,868	6% above HPI

7 TIREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The four 7 TIREE CLOSE sales between July 1999 and May 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 March 2021 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2024 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 7 TIREE CLOSE?

7 TIREE CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 20% of detached houses in Trowell, based on EPC data. The below chart shows the distribution of detached houses by size in Trowell, and where 7 TIREE CLOSE lies on this distribution: 82% of detached houses are smaller than 7 TIREE CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Trowell.

7 TIREE CLOSE: Plot and Title Map

7 TIREE CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 7 TIREE 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 TIREE 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 TIREE CLOSE?

7 TIREE CLOSE is located in TROWELL, in the NG9 postcode district. The below map shows the position of No. 7 on TIREE CLOSE.