12, TEALBY CLOSE, NOTTINGHAM, NG6 7FY - £87,000

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 TEALBY CLOSE is a very small semi-detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £175,517. It was last sold for £87,000 in July 2004, which was around 19% below the average July 2004 semi-detached price in the City of Nottingham local authority area. The most recent EPC inspection was May 2012, where the current energy rating was B, and the potential energy rating was A.

12 TEALBY CLOSE Sold Prices

Land registry data shows three sales for 12 TEALBY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the City of Nottingham local authority area for the corresponding sale date. All of the three 12 TEALBY CLOSE sales were 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
2004 29 JUL	£87,000	£106,818	19% below HPI
2003 22 SEP	£82,950	£97,481	15% below HPI
2001 1 FEB	£45,000	£50,375	11% below HPI

12 TEALBY 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 three 12 TEALBY CLOSE sales between February 2001 and July 2004 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 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2004 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 12 TEALBY CLOSE be worth now?

12 TEALBY CLOSE might now be worth an estimated £175,517.

This is based on house price inflation of 101.7%, between July 2004 and February 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 101.7% inflationary increase is applied to the most recent sale price for 12 TEALBY CLOSE of £87,000 on 29th July 2004. For the value to have increased from £87,000 to £175,517 over the 21 years and five months to February 2025, the following assumptions must hold true:

• The value of 12 TEALBY CLOSE has moved in line with the HPI for semi-detached houses in the City of Nottingham local authority area.
• The July 2004 sale price of £87,000 represented a fair market value for the property.
• The size, condition, and specification of 12 TEALBY CLOSE has not materially changed since July 2004.

How Large is 12 TEALBY CLOSE?

12 TEALBY CLOSE is 71m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% 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 TEALBY CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 12 TEALBY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

12 TEALBY CLOSE: Plot and Title Map

12 TEALBY CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 12 TEALBY 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 TEALBY 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 TEALBY CLOSE?

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