9, REDLAND CLOSE, BEESTON, NOTTINGHAM, NG9 5LA - £325,000

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

9 REDLAND CLOSE is a very small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £325,000 in June 2023, which was around 7% below the average June 2023 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

9 REDLAND CLOSE Sold Prices

Land registry data shows two sales for 9 REDLAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 9 REDLAND 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
2023 16 JUN	£325,000	£349,473	7% below HPI
2016 1 NOV	£152,000	£225,888	33% below HPI

9 REDLAND 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 two 9 REDLAND CLOSE sales from November 2016 and June 2023 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 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 9 REDLAND CLOSE?

9 REDLAND CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston, and where 9 REDLAND CLOSE lies on this distribution: 18% of detached houses are smaller than 9 REDLAND CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Beeston.

9 REDLAND CLOSE: Plot and Title Map

9 REDLAND CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 9 REDLAND 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 REDLAND 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 REDLAND CLOSE?

9 REDLAND CLOSE is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 9 on REDLAND CLOSE.