8, COLONSAY CLOSE, TROWELL, NOTTINGHAM, NG9 3RD - £158,000

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

8 COLONSAY CLOSE is a small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £158,000 in June 2006, which was around 19% below the average June 2006 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

8 COLONSAY CLOSE Sold Prices

Land registry data shows two sales for 8 COLONSAY 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 COLONSAY 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
2006 16 JUN	£158,000	£194,740	19% below HPI
2001 28 NOV	£75,000	£113,958	34% below HPI

8 COLONSAY 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 COLONSAY CLOSE sales from November 2001 and June 2006 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 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2006 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 COLONSAY CLOSE?

8 COLONSAY CLOSE is 78m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% of detached houses in Trowell, based on EPC data. The below chart shows the distribution of detached houses by size in Trowell, and where 8 COLONSAY CLOSE lies on this distribution: 22% of detached houses are smaller than 8 COLONSAY CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Trowell.

8 COLONSAY CLOSE: Plot and Title Map

8 COLONSAY CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 8 COLONSAY 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 COLONSAY 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 COLONSAY CLOSE?

8 COLONSAY CLOSE is located in TROWELL, in the NG9 postcode district. The below map shows the position of No. 8 on COLONSAY CLOSE.