1, GILBERT CLOSE, NOTTINGHAM, NG5 5UR - £130,000

1 GILBERT CLOSE is a very small extended detached house of 66m², built sometime between 1996 and 2002. It was last sold for £130,000 in October 2018, which was around 47% below the average October 2018 detached price in the City of Nottingham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

1 GILBERT CLOSE Sold Prices

Land registry data shows two sales for 1 GILBERT 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 City of Nottingham local authority area for the corresponding sale date. Both of the two 1 GILBERT 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
2018 10 OCT	£130,000	£245,637	47% below HPI
2003 19 DEC	£114,995	£127,141	10% below HPI

1 GILBERT CLOSE 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 two 1 GILBERT CLOSE sales from December 2003 and October 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 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2018 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 1 GILBERT CLOSE?

1 GILBERT CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 1 GILBERT CLOSE lies on this distribution: 7% of detached houses are smaller than 1 GILBERT CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

1 GILBERT CLOSE: Plot and Title Map

1 GILBERT CLOSE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 1 GILBERT 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 GILBERT 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 GILBERT CLOSE?

1 GILBERT CLOSE is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 1 on GILBERT CLOSE.