8, WEAVE CLOSE, NOTTINGHAM, NG6 0FH - £176,000

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 WEAVE CLOSE is a very small detached house of 78m², built sometime from 2007 onwards. It was last sold for £176,000 in February 2020, which was around 29% below the average February 2020 detached price in the City of Nottingham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

8 WEAVE CLOSE Sold Prices

Land registry data shows three sales for 8 WEAVE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Two of the three 8 WEAVE CLOSE sales were for below the average price, whilst one was 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
2020 28 FEB	£176,000	£249,410	29% below HPI
2015 16 NOV	£133,000	£157,246	15% below HPI
2008 16 MAY	£150,000	£139,471	8% above HPI

8 WEAVE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 8 WEAVE CLOSE sales between May 2008 and February 2020 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 November 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 WEAVE CLOSE?

8 WEAVE CLOSE is 78m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 8 WEAVE CLOSE lies on this distribution: 18% of detached houses are smaller than 8 WEAVE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

8 WEAVE CLOSE: Plot and Title Map

8 WEAVE CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 8 WEAVE 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 WEAVE 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 WEAVE CLOSE?

8 WEAVE CLOSE is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 8 on WEAVE CLOSE.