8, KELVIN CLOSE, STAPLEFORD, NOTTINGHAM, NG9 7DF - £140,000

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 KELVIN CLOSE is a very small detached house of 51m², built sometime between 1967 and 1975. It was last sold for £140,000 in July 2016, which was around 39% below the average July 2016 detached price in the Broxtowe local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

8 KELVIN CLOSE Sold Prices

Land registry data shows two sales for 8 KELVIN 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 Broxtowe local authority area for the corresponding sale date. Both of the two 8 KELVIN 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
2016 1 JUL	£140,000	£228,832	39% below HPI
2013 11 JAN	£94,000	£186,899	50% below HPI

8 KELVIN CLOSE 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 two 8 KELVIN CLOSE sales from January 2013 and July 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 January 2013 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2016 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 8 KELVIN CLOSE?

8 KELVIN CLOSE is 51m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses in Stapleford, based on EPC data. The below chart shows the distribution of detached houses by size in Stapleford, and where 8 KELVIN CLOSE lies on this distribution: 2% of detached houses are smaller than 8 KELVIN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Stapleford.

8 KELVIN CLOSE: Plot and Title Map

8 KELVIN CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 8 KELVIN 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 KELVIN 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 KELVIN CLOSE?

8 KELVIN CLOSE is located in STAPLEFORD, in the NG9 postcode district. The below map shows the position of No. 8 on KELVIN CLOSE.