5, LARCH CLOSE, UNDERWOOD, NOTTINGHAM, NG16 5FA - £400,000

5 LARCH CLOSE is a very large extended detached house of 171m², built sometime between 2003 and 2006. It was last sold for £400,000 in February 2021, which was around 78% above the average February 2021 detached price in the Ashfield local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

5 LARCH CLOSE Sold Prices

Land registry data shows two sales for 5 LARCH 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 Ashfield local authority area for the corresponding sale date. Both of the two 5 LARCH 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
2021 24 FEB	£400,000	£224,570	78% above HPI
1999 5 MAR	£250,000	£60,279	315% above HPI

5 LARCH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 5 LARCH CLOSE sales from March 1999 and February 2021 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 1999 sale was for 315% above the HPI. So the extrapolation line tracks at 315% above the HPI over time, until the February 2021 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 5 LARCH CLOSE?

5 LARCH CLOSE is 171m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 10% of detached houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses by size in Underwood, and where 5 LARCH CLOSE lies on this distribution: 91% of detached houses are smaller than 5 LARCH CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Underwood.

5 LARCH CLOSE: Plot and Title Map

5 LARCH CLOSE sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 5 LARCH 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 5 LARCH 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 5 LARCH CLOSE?

5 LARCH CLOSE is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 5 on LARCH CLOSE.