12, ARKLOW CLOSE, NOTTINGHAM, NG8 5NT - £169,000

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.

12 ARKLOW CLOSE is a very small terraced house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £175,943. It was last sold for £169,000 in April 2023, which was around 3% above the average April 2023 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.

12 ARKLOW CLOSE Sold Prices

Land registry data shows two sales for 12 ARKLOW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the City of Nottingham local authority area for the corresponding sale date. One of the two 12 ARKLOW CLOSE sales was for above the average price, whilst the other was 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
2023 26 APR	£169,000	£164,136	3% above HPI
2007 22 JUN	£62,500	£95,614	35% below HPI

12 ARKLOW CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 12 ARKLOW CLOSE sales from June 2007 and April 2023 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 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 12 ARKLOW CLOSE be worth now?

12 ARKLOW CLOSE might now be worth an estimated £175,943.

This is based on house price inflation of 4.1%, between April 2023 and April 2026, for terraced houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.1% inflationary increase is applied to the most recent sale price for 12 ARKLOW CLOSE of £169,000 on 26th April 2023. For the value to have increased from £169,000 to £175,943 over the three years to April 2026, the following assumptions must hold true:

• The value of 12 ARKLOW CLOSE has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The April 2023 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ARKLOW CLOSE has not materially changed since April 2023.

How Large is 12 ARKLOW CLOSE?

12 ARKLOW CLOSE is 66m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% of terraced houses houses in Nottingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Nottingham, and where 12 ARKLOW CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 12 ARKLOW CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

12 ARKLOW CLOSE: Plot and Title Map

12 ARKLOW CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 12 ARKLOW 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 12 ARKLOW 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 12 ARKLOW CLOSE?

12 ARKLOW CLOSE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 12 on ARKLOW CLOSE.