1, GORSE CLOSE, NEWTHORPE, NOTTINGHAM, NG16 2BZ - £205,000

1 GORSE CLOSE is a very large detached house of 121m², built sometime between 1950 and 1966. It was last sold for £205,000 in September 2018, which was around 21% below the average September 2018 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

1 GORSE CLOSE Sold Prices

Land registry data shows three sales for 1 GORSE 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. One of the three 1 GORSE CLOSE sales was for below the average price, whilst two 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
2018 14 SEP	£205,000	£260,471	21% below HPI
2004 15 DEC	£206,000	£193,326	7% above HPI
2002 15 NOV	£159,950	£145,481	10% above HPI

1 GORSE 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 1 GORSE CLOSE sales between November 2002 and September 2018 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 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 1 GORSE CLOSE?

1 GORSE CLOSE is 121m² according to the EPC inspection conducted in March 2015. 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 1 GORSE CLOSE lies on this distribution: 83% of detached houses are smaller than 1 GORSE CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

1 GORSE CLOSE: Plot and Title Map

1 GORSE CLOSE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 1 GORSE 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 1 GORSE 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 1 GORSE CLOSE?

1 GORSE CLOSE is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 1 on GORSE CLOSE.