12, BUTTERMEAD CLOSE, TROWELL, NOTTINGHAM, NG9 3QT - £249,950

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 BUTTERMEAD CLOSE is a midsized detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £393,223. It was last sold for £249,950 in October 2016, which was around 10% above the average October 2016 detached price in the Broxtowe local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

12 BUTTERMEAD CLOSE Sold Prices

Land registry data shows five sales for 12 BUTTERMEAD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Most of the five 12 BUTTERMEAD 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
2016 4 OCT	£249,950	£228,087	10% above HPI
2010 19 MAR	£182,500	£194,175	6% below HPI
2002 18 JAN	£126,000	£115,028	10% above HPI
1998 26 JUN	£89,500	£80,638	11% above HPI
1997 2 MAY	£79,950	£72,635	10% above HPI

12 BUTTERMEAD 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 five 12 BUTTERMEAD CLOSE sales between May 1997 and October 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 March 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2016 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 12 BUTTERMEAD CLOSE be worth now?

12 BUTTERMEAD CLOSE might now be worth an estimated £393,223.

This is based on house price inflation of 57.3%, between October 2016 and June 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 57.3% inflationary increase is applied to the most recent sale price for 12 BUTTERMEAD CLOSE of £249,950 on 4th October 2016. For the value to have increased from £249,950 to £393,223 over the nine years and four months to June 2025, the following assumptions must hold true:

• The value of 12 BUTTERMEAD CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The October 2016 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 12 BUTTERMEAD CLOSE has not materially changed since October 2016.

How Large is 12 BUTTERMEAD CLOSE?

12 BUTTERMEAD CLOSE is 96m² according to the EPC inspection conducted in April 2009. This puts it in the largest 50% of detached houses houses in Trowell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trowell, and where 12 BUTTERMEAD CLOSE lies on this distribution: 53% of detached houses houses are smaller than 12 BUTTERMEAD CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Trowell.

12 BUTTERMEAD CLOSE: Plot and Title Map

12 BUTTERMEAD CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 12 BUTTERMEAD 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 BUTTERMEAD 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 BUTTERMEAD CLOSE?

12 BUTTERMEAD CLOSE is located in TROWELL, in the NG9 postcode district. The below map shows the position of No. 12 on BUTTERMEAD CLOSE.