8, FAR RYE, NOTTINGHAM, NG8 1GJ - £375,000

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 FAR RYE is a midsized detached house of 111m², built sometime between 1983 and 1990. It was last sold for £375,000 in June 2021, which was around 35% above the average June 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

8 FAR RYE Sold Prices

Land registry data shows six sales for 8 FAR RYE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the six 8 FAR RYE sales were 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
2021 28 JUN	£375,000	£278,305	35% above HPI
2018 23 MAR	£320,000	£228,573	40% above HPI
2015 2 OCT	£291,000	£158,147	84% above HPI
2009 15 MAY	£215,000	£117,984	82% above HPI
1997 18 AUG	£98,000	£57,761	70% above HPI
1995 12 OCT	£88,000	£52,900	66% above HPI

8 FAR RYE 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 six 8 FAR RYE sales between October 1995 and June 2021 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 March 2018 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the June 2021 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 8 FAR RYE?

8 FAR RYE is 111m² according to the EPC inspection conducted in January 2018. This puts it in the largest 40% 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 FAR RYE lies on this distribution: 59% of detached houses are smaller than 8 FAR RYE, and 40% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

8 FAR RYE: Plot and Title Map

8 FAR RYE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 8 FAR RYE, 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 FAR RYE). 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 FAR RYE?

8 FAR RYE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 8 on FAR RYE.