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
9 ELMS CLOSE is a small extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £210,000 in July 2012, which was around 25% below the average July 2012 detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 9 ELMS CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 9 ELMS 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 |
---|---|---|---|
2012 31 JUL | £210,000 | £279,584 | 25% below HPI |
1997 12 DEC | £87,000 | £102,823 | 15% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 9 ELMS CLOSE sales from December 1997 and July 2012 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 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2012 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
9 ELMS CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses in Ruddington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruddington, and where 9 ELMS CLOSE lies on this distribution: 36% of detached houses are smaller than 9 ELMS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Ruddington.
9 ELMS CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 9 ELMS 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 9 ELMS 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.
9 ELMS CLOSE is located in RUDDINGTON, in the NG11 postcode district. The below map shows the position of No. 9 on ELMS CLOSE.