FIVE ACRES, HEMPSHILL LANE, NOTTINGHAM, NG6 8PF - £270,000

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

FIVE ACRES is a very large extended detached house of 144m², built sometime between 1950 and 1966. It was last sold for £270,000 in July 2020, which was around 4% above the average July 2020 detached price in the City of Nottingham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

FIVE ACRES Sold Prices

Land registry data shows four sales for FIVE ACRES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Most of the four FIVE ACRES 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
2020 2 JUL	£270,000	£258,754	4% above HPI
2015 24 APR	£128,000	£145,256	12% below HPI
2012 3 JAN	£150,000	£125,862	19% above HPI
2005 28 JAN	£180,000	£141,691	27% above HPI

FIVE ACRES 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 four FIVE ACRES sales between January 2005 and July 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 April 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is FIVE ACRES?

FIVE ACRES is 144m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 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 FIVE ACRES lies on this distribution: 82% of detached houses are smaller than FIVE ACRES, and 18% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

FIVE ACRES: Plot and Title Map

FIVE ACRES sits on a plot of roughly 0.335 of an acre, or 1,355m². The below map shows the location of FIVE ACRES, 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 FIVE ACRES). 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 FIVE ACRES?

FIVE ACRES is located on HEMPSHILL LANE in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of FIVE ACRES on HEMPSHILL LANE.