8, ELMS CLOSE, RUDDINGTON, NOTTINGHAM, NG11 6NW - £370,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 ELMS CLOSE is a very small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £370,000 in January 2024, which was around 19% below the average January 2024 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

8 ELMS CLOSE Sold Prices

Land registry data shows two sales for 8 ELMS 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 Rushcliffe local authority area for the corresponding sale date. Both of the two 8 ELMS 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
2024 12 JAN	£370,000	£457,167	19% below HPI
2010 1 OCT	£203,000	£282,186	28% below HPI

8 ELMS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 8 ELMS CLOSE sales from October 2010 and January 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 October 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 ELMS CLOSE?

8 ELMS CLOSE is 89m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Ruddington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruddington, and where 8 ELMS CLOSE lies on this distribution: 16% of detached houses are smaller than 8 ELMS CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Ruddington.

8 ELMS CLOSE: Plot and Title Map

8 ELMS CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 8 ELMS 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 ELMS 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 ELMS CLOSE?

8 ELMS CLOSE is located in RUDDINGTON, in the NG11 postcode district. The below map shows the position of No. 8 on ELMS CLOSE.