73, FAIRMEAD CLOSE, NOTTINGHAM, NG3 3EQ - £103,500

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

73 FAIRMEAD CLOSE is a very small extended detached house of 50m², built sometime between 1983 and 1990. It was last sold for £103,500 in July 2020, which was around 60% below the average July 2020 detached price in the City of Nottingham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

73 FAIRMEAD CLOSE Sold Prices

Land registry data shows two sales for 73 FAIRMEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Both of the two 73 FAIRMEAD 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
2020 24 JUL	£103,500	£258,754	60% below HPI
1998 2 NOV	£52,000	£58,492	11% below HPI

73 FAIRMEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 73 FAIRMEAD CLOSE sales from November 1998 and July 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 November 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2020 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 73 FAIRMEAD CLOSE?

73 FAIRMEAD CLOSE is 50m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 73 FAIRMEAD CLOSE lies on this distribution: 1% of detached houses are smaller than 73 FAIRMEAD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

73 FAIRMEAD CLOSE: Plot and Title Map

73 FAIRMEAD CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 73 FAIRMEAD 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 73 FAIRMEAD 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 73 FAIRMEAD CLOSE?

73 FAIRMEAD CLOSE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 73 on FAIRMEAD CLOSE.