12, GOTHIC CLOSE, NOTTINGHAM, NG6 0NU - £130,000

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 GOTHIC CLOSE is a very small extended semi-detached house of 67m², built sometime between 1991 and 1995, which could now be worth an estimated £177,857. It was last sold for £130,000 in January 2020, which was around 17% below the average January 2020 semi-detached price in the City of Nottingham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

12 GOTHIC CLOSE Sold Prices

Land registry data shows four sales for 12 GOTHIC CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the City of Nottingham local authority area for the corresponding sale date. two of the four 12 GOTHIC 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
2020 17 JAN	£130,000	£157,555	17% below HPI
2006 25 SEP	£110,000	£121,048	9% below HPI
2004 2 JUL	£122,000	£106,818	14% above HPI
1998 21 MAY	£49,950	£42,187	18% above HPI

12 GOTHIC CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four 12 GOTHIC CLOSE sales between May 1998 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 September 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 12 GOTHIC CLOSE be worth now?

12 GOTHIC CLOSE might now be worth an estimated £177,857.

This is based on house price inflation of 36.8%, between January 2020 and March 2025, for semi-detached 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 36.8% inflationary increase is applied to the most recent sale price for 12 GOTHIC CLOSE of £130,000 on 17th January 2020. For the value to have increased from £130,000 to £177,857 over the four years and ten months to March 2025, the following assumptions must hold true:

• The value of 12 GOTHIC CLOSE has moved in line with the HPI for semi-detached houses in the City of Nottingham local authority area.
• The January 2020 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GOTHIC CLOSE has not materially changed since January 2020.

How Large is 12 GOTHIC CLOSE?

12 GOTHIC CLOSE is 67m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of semi-detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nottingham, and where 12 GOTHIC CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 12 GOTHIC CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

12 GOTHIC CLOSE: Plot and Title Map

12 GOTHIC CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 12 GOTHIC 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 GOTHIC 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 GOTHIC CLOSE?

12 GOTHIC CLOSE is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 12 on GOTHIC CLOSE.