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 FARM CLOSE is a very small semi-detached house of 75m², built sometime between 1983 and 1990. It was last sold for £147,500 in November 2015, which was around 28% below the average November 2015 detached price in the Erewash local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for 8 FARM CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the five 8 FARM 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 |
---|---|---|---|
2015 27 NOV | £147,500 | £204,641 | 28% below HPI |
2005 25 MAY | £138,000 | £169,399 | 19% below HPI |
2001 20 DEC | £84,000 | £94,126 | 11% below HPI |
2000 3 JUL | £59,850 | £78,011 | 23% below HPI |
1995 24 NOV | £49,000 | £59,393 | 17% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The five 8 FARM CLOSE sales between November 1995 and November 2015 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 May 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
8 FARM CLOSE is 75m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Long Eaton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Eaton, and where 8 FARM CLOSE lies on this distribution: 14% of detached houses are smaller than 8 FARM CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.
8 FARM CLOSE sits on a plot of roughly 0.040 of an acre, or 164m². The below map shows the location of 8 FARM 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 FARM 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 FARM CLOSE is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 8 on FARM CLOSE.