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 PENNIE CLOSE is a small extended semi-detached house of 92m², built sometime between 1983 and 1990. It was last sold for £156,950 in October 2014, which was around 18% below the average October 2014 detached price in the Erewash local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 PENNIE CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 8 PENNIE 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 |
---|---|---|---|
2014 17 OCT | £156,950 | £191,441 | 18% below HPI |
2007 7 SEP | £155,000 | £191,335 | 19% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 8 PENNIE CLOSE sales from September 2007 and October 2014 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 September 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
8 PENNIE CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% 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 PENNIE CLOSE lies on this distribution: 36% of detached houses are smaller than 8 PENNIE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.
8 PENNIE CLOSE sits on a plot of roughly 64.3 acres, or 260,021m². The below map shows the location of 8 PENNIE 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 PENNIE 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 PENNIE CLOSE is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 8 on PENNIE CLOSE.