THE BYRE, LANDMERE LANE, RUDDINGTON, NOTTINGHAM, NG11 6ND - £450,000

THE BYRE is a small detached house of 112m², built sometime between 1996 and 2002. It was last sold for £450,000 in January 2020, which was around 16% above the average January 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

THE BYRE Sold Prices

Land registry data shows two sales for THE BYRE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two THE BYRE 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 31 JAN	£450,000	£386,877	16% above HPI
1998 1 OCT	£156,000	£107,443	45% above HPI

THE BYRE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two THE BYRE sales from October 1998 and January 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 October 1998 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the January 2020 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is THE BYRE?

THE BYRE is 112m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses in Ruddington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruddington, and where THE BYRE lies on this distribution: 35% of detached houses are smaller than THE BYRE, and 65% of houses are larger. Note that EPC data is not available for all properties in Ruddington.

THE BYRE: Plot and Title Map

THE BYRE sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of THE BYRE, 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 THE BYRE). 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 THE BYRE?

THE BYRE is located on LANDMERE LANE in RUDDINGTON, in the NG11 postcode district. The below map shows the position of THE BYRE on LANDMERE LANE.