12, WAVENEY CLOSE, ARNOLD, NOTTINGHAM, NG5 6QH - £150,000

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 WAVENEY CLOSE is a very small detached house of 77m², which could now be worth an estimated £291,051. It was last sold for £150,000 in July 2013, which was around 22% below the average July 2013 detached price in the Gedling local authority area. The most recent EPC inspection was October 2009, where the current energy rating was F, and the potential energy rating was E.

12 WAVENEY CLOSE Sold Prices

Land registry data shows two sales for 12 WAVENEY 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 Gedling local authority area for the corresponding sale date. Both of the two 12 WAVENEY 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
2013 31 JUL	£150,000	£193,010	22% below HPI
2002 8 NOV	£147,000	£156,444	6% below HPI

12 WAVENEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 12 WAVENEY CLOSE sales from November 2002 and July 2013 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 November 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2013 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 12 WAVENEY CLOSE be worth now?

12 WAVENEY CLOSE might now be worth an estimated £291,051.

This is based on house price inflation of 94%, between July 2013 and March 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 94% inflationary increase is applied to the most recent sale price for 12 WAVENEY CLOSE of £150,000 on 31st July 2013. For the value to have increased from £150,000 to £291,051 over the twelve years and four months to March 2025, the following assumptions must hold true:

• The value of 12 WAVENEY CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The July 2013 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WAVENEY CLOSE has not materially changed since July 2013.

How Large is 12 WAVENEY CLOSE?

12 WAVENEY CLOSE is 77m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 12 WAVENEY CLOSE lies on this distribution: 14% of detached houses houses are smaller than 12 WAVENEY CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Arnold.

12 WAVENEY CLOSE: Plot and Title Map

12 WAVENEY CLOSE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 12 WAVENEY 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 WAVENEY 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 WAVENEY CLOSE?

12 WAVENEY CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 12 on WAVENEY CLOSE.