11, SPEEDWAY CLOSE, LONG EATON, NOTTINGHAM, NG10 2GL - £371,000

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.

11 SPEEDWAY CLOSE is a large detached house of 127m², which could now be worth an estimated £474,265. It was last sold for £371,000 in January 2020, which was around 51% above the average January 2020 detached price in the Erewash local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was C.

11 SPEEDWAY CLOSE Sold Prices

Land registry data shows two sales for 11 SPEEDWAY 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 Erewash local authority area for the corresponding sale date. Both of the two 11 SPEEDWAY 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
2020 7 JAN	£371,000	£245,819	51% above HPI
2012 22 JUN	£270,000	£172,530	56% above HPI

11 SPEEDWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 11 SPEEDWAY CLOSE sales from June 2012 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 June 2012 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the January 2020 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 11 SPEEDWAY CLOSE be worth now?

11 SPEEDWAY CLOSE might now be worth an estimated £474,265.

This is based on house price inflation of 27.8%, between January 2020 and March 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.8% inflationary increase is applied to the most recent sale price for 11 SPEEDWAY CLOSE of £371,000 on 7th January 2020. For the value to have increased from £371,000 to £474,265 over the four years and ten months to March 2025, the following assumptions must hold true:

• The value of 11 SPEEDWAY CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The January 2020 sale price of £371,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SPEEDWAY CLOSE has not materially changed since January 2020.

How Large is 11 SPEEDWAY CLOSE?

11 SPEEDWAY CLOSE is 127m² according to the EPC inspection conducted in May 2012. This puts it in the largest 30% of detached houses houses in Long Eaton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Eaton, and where 11 SPEEDWAY CLOSE lies on this distribution: 77% of detached houses houses are smaller than 11 SPEEDWAY CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.

11 SPEEDWAY CLOSE: Plot and Title Map

11 SPEEDWAY CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 11 SPEEDWAY 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 11 SPEEDWAY 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 11 SPEEDWAY CLOSE?

11 SPEEDWAY CLOSE is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 11 on SPEEDWAY CLOSE.