1, FEARON CLOSE, GUNTHORPE, NOTTINGHAM, NG14 7FA - £462,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 FEARON CLOSE is a large extended detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £629,400. It was last sold for £462,000 in January 2017, which was around 80% above the average January 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was C.

1 FEARON CLOSE Sold Prices

Land registry data shows three sales for 1 FEARON 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 Newark and Sherwood local authority area for the corresponding sale date. All of the three 1 FEARON 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
2017 13 JAN	£462,000	£257,232	80% above HPI
2002 12 DEC	£285,000	£159,197	79% above HPI
1997 21 MAR	£150,000	£75,977	97% above HPI

1 FEARON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 1 FEARON CLOSE sales between March 1997 and January 2017 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 2002 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the January 2017 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 1 FEARON CLOSE be worth now?

1 FEARON CLOSE might now be worth an estimated £629,400.

This is based on house price inflation of 36.2%, between January 2017 and June 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.2% inflationary increase is applied to the most recent sale price for 1 FEARON CLOSE of £462,000 on 13th January 2017. For the value to have increased from £462,000 to £629,400 over the seven years and seven months to June 2025, the following assumptions must hold true:

• The value of 1 FEARON CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The January 2017 sale price of £462,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FEARON CLOSE has not materially changed since January 2017.

How Large is 1 FEARON CLOSE?

1 FEARON CLOSE is 161m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 40% of detached houses houses in Gunthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gunthorpe, and where 1 FEARON CLOSE lies on this distribution: 63% of detached houses houses are smaller than 1 FEARON CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Gunthorpe.

1 FEARON CLOSE: Plot and Title Map

1 FEARON CLOSE sits on a plot of roughly 0.240 of an acre, or 972m². The below map shows the location of 1 FEARON 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 FEARON 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 FEARON CLOSE?

1 FEARON CLOSE is located in GUNTHORPE, in the NG14 postcode district. The below map shows the position of No. 1 on FEARON CLOSE.