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
8 CHEVIOT CLOSE is a large extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £270,000 in August 2019, which was about the average August 2019 detached price in the Gedling local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 CHEVIOT CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. One of the two 8 CHEVIOT CLOSE sales was roughly equal to the average price, whilst the other was for above 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 |
---|---|---|---|
2019 30 AUG | £270,000 | £269,678 | Close to HPI |
1997 5 SEP | £87,000 | £79,912 | 9% above HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 8 CHEVIOT CLOSE sales from September 1997 and August 2019 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 September 1997 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
8 CHEVIOT CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 8 CHEVIOT CLOSE lies on this distribution: 74% of detached houses are smaller than 8 CHEVIOT CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Nottingham.
8 CHEVIOT CLOSE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 8 CHEVIOT 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 CHEVIOT 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.
8 CHEVIOT CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 8 on CHEVIOT CLOSE.