9, MERCIA CLOSE, GILTBROOK, NOTTINGHAM, NG16 2XF - £200,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

9 MERCIA CLOSE is a very large detached house of 124m², built sometime between 1996 and 2002. It was last sold for £200,000 in November 2012, which was around 5% above the average November 2012 detached price in the Broxtowe local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

9 MERCIA CLOSE Sold Prices

Land registry data shows three sales for 9 MERCIA 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 Broxtowe local authority area for the corresponding sale date. All of the three 9 MERCIA CLOSE sales were 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
2012 30 NOV	£200,000	£189,739	5% above HPI
2002 18 MAR	£130,000	£121,374	7% above HPI
2000 30 JUN	£107,950	£91,778	18% above HPI

9 MERCIA 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 three 9 MERCIA CLOSE sales between June 2000 and November 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 March 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2012 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 9 MERCIA CLOSE?

9 MERCIA CLOSE is 124m² according to the EPC inspection conducted in October 2010. This puts it in the largest 20% of detached houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses by size in Eastwood, and where 9 MERCIA CLOSE lies on this distribution: 85% of detached houses are smaller than 9 MERCIA CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

9 MERCIA CLOSE: Plot and Title Map

9 MERCIA CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 9 MERCIA 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 MERCIA 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 9 MERCIA CLOSE?

9 MERCIA CLOSE is located in GILTBROOK, in the NG16 postcode district. The below map shows the position of No. 9 on MERCIA CLOSE.