8, FOREST CLOSE, ANNESLEY WOODHOUSE, NOTTINGHAM, NG17 9HF - £172,000

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 FOREST CLOSE is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £172,000 in February 2023, which was around 36% below the average February 2023 detached price in the Ashfield local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was B.

8 FOREST CLOSE Sold Prices

Land registry data shows two sales for 8 FOREST 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 Ashfield local authority area for the corresponding sale date. Both of the two 8 FOREST 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
2023 22 FEB	£172,000	£267,136	36% below HPI
1997 17 MAR	£46,000	£54,337	15% below HPI

8 FOREST CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 8 FOREST CLOSE sales from March 1997 and February 2023 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 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 8 FOREST CLOSE?

8 FOREST CLOSE is 56m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Annesley Woodhouse, based on EPC data. The below chart shows the distribution of detached houses by size in Annesley Woodhouse, and where 8 FOREST CLOSE lies on this distribution: 1% of detached houses are smaller than 8 FOREST CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Annesley Woodhouse.

8 FOREST CLOSE: Plot and Title Map

8 FOREST CLOSE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 8 FOREST 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 FOREST 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 FOREST CLOSE?

8 FOREST CLOSE is located in ANNESLEY WOODHOUSE, in the NG17 postcode district. The below map shows the position of No. 8 on FOREST CLOSE.