8, MAIN STREET, GAMSTON, NOTTINGHAM, NG2 6NN - £363,000

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 MAIN STREET is a very small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £363,000 in June 2022, which was around 20% below the average June 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

8 MAIN STREET Sold Prices

Land registry data shows five sales for 8 MAIN STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the five 8 MAIN STREET 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
2022 20 JUN	£363,000	£454,434	20% below HPI
2018 4 DEC	£311,000	£377,179	18% below HPI
2011 28 JUL	£191,250	£261,635	27% below HPI
2001 13 SEP	£107,000	£157,463	32% below HPI
1999 26 MAR	£79,000	£110,634	29% below HPI

8 MAIN STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The five 8 MAIN STREET sales between March 1999 and June 2022 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 December 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 MAIN STREET?

8 MAIN STREET is 87m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Gamston, based on EPC data. The below chart shows the distribution of detached houses by size in Gamston, and where 8 MAIN STREET lies on this distribution: 16% of detached houses are smaller than 8 MAIN STREET, and 82% of houses are larger. Note that EPC data is not available for all properties in Gamston.

8 MAIN STREET: Plot and Title Map

8 MAIN STREET sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 8 MAIN STREET, 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 MAIN STREET). 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 MAIN STREET?

8 MAIN STREET is located in GAMSTON, in the NG2 postcode district. The below map shows the position of No. 8 on MAIN STREET.