1, OSBOURNE CLOSE, WATNALL, NOTTINGHAM, NG16 1LH - £228,000

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 OSBOURNE CLOSE is a midsized detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £351,224. It was last sold for £228,000 in September 2016, which was around 1% below the average September 2016 detached price in the Broxtowe local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

1 OSBOURNE CLOSE Sold Prices

Land registry data shows four sales for 1 OSBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. two of the four 1 OSBOURNE CLOSE sales were for below the average price, and four 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
2016 5 SEP	£228,000	£231,025	1% below HPI
2013 3 JUL	£105,000	£192,805	46% below HPI
2004 1 JUL	£230,000	£187,981	22% above HPI
1998 25 AUG	£94,950	£78,797	20% above HPI

1 OSBOURNE 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 four 1 OSBOURNE CLOSE sales between August 1998 and September 2016 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 July 2013 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2016 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 1 OSBOURNE CLOSE be worth now?

1 OSBOURNE CLOSE might now be worth an estimated £351,224.

This is based on house price inflation of 54%, between September 2016 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54% inflationary increase is applied to the most recent sale price for 1 OSBOURNE CLOSE of £228,000 on 5th September 2016. For the value to have increased from £228,000 to £351,224 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 OSBOURNE CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The September 2016 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OSBOURNE CLOSE has not materially changed since September 2016.

How Large is 1 OSBOURNE CLOSE?

1 OSBOURNE CLOSE is 124m² according to the EPC inspection conducted in June 2016. This puts it in the largest 50% of detached houses houses in Watnall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watnall, and where 1 OSBOURNE CLOSE lies on this distribution: 51% of detached houses houses are smaller than 1 OSBOURNE CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Watnall.

1 OSBOURNE CLOSE: Plot and Title Map

1 OSBOURNE CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 1 OSBOURNE 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 OSBOURNE 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 OSBOURNE CLOSE?

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