8, BACON CLOSE, GILTBROOK, NOTTINGHAM, NG16 2UW - £275,000

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

8 BACON CLOSE is a midsized detached house of 87m², built sometime between 1983 and 1990. It was last sold for £275,000 in November 2023, which was around 21% below the average November 2023 detached price in the Broxtowe local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

8 BACON CLOSE Sold Prices

Land registry data shows two sales for 8 BACON 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 Broxtowe local authority area for the corresponding sale date. Both of the two 8 BACON 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 30 NOV	£275,000	£349,436	21% below HPI
2015 31 JUL	£157,000	£212,734	26% below HPI

8 BACON 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 two 8 BACON CLOSE sales from July 2015 and November 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 July 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 BACON CLOSE?

8 BACON CLOSE is 87m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 8 BACON CLOSE lies on this distribution: 49% of detached houses are smaller than 8 BACON CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

8 BACON CLOSE: Plot and Title Map

8 BACON CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 8 BACON 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 8 BACON 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 8 BACON CLOSE?

8 BACON CLOSE is located in GILTBROOK, in the NG16 postcode district. The below map shows the position of No. 8 on BACON CLOSE.