8, GILT HILL, KIMBERLEY, NOTTINGHAM, NG16 2GZ - £236,500

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 GILT HILL is a very large extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £236,500 in March 2016, which was around 9% above the average March 2016 detached price in the Broxtowe local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

8 GILT HILL Sold Prices

Land registry data shows three sales for 8 GILT HILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 8 GILT HILL 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
2016 11 MAR	£236,500	£216,393	9% above HPI
2003 3 JUL	£200,000	£173,123	16% above HPI
1998 27 AUG	£90,000	£77,895	16% above HPI

8 GILT HILL 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 three 8 GILT HILL sales between August 1998 and March 2016 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 July 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2016 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 8 GILT HILL?

8 GILT HILL is 131m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses in Kimberley, based on EPC data. The below chart shows the distribution of detached houses by size in Kimberley, and where 8 GILT HILL lies on this distribution: 85% of detached houses are smaller than 8 GILT HILL, and 15% of houses are larger. Note that EPC data is not available for all properties in Kimberley.

8 GILT HILL: Plot and Title Map

8 GILT HILL sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 8 GILT HILL, 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 GILT HILL). 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 GILT HILL?

8 GILT HILL is located in KIMBERLEY, in the NG16 postcode district. The below map shows the position of No. 8 on GILT HILL.