17, THOMAS CLOSE, CODNOR PARK, NOTTINGHAM, NG16 5RX - £225,000

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.

17 THOMAS CLOSE is a small detached house of 81m², built sometime between 2003 and 2006, which could now be worth an estimated £304,324. It was last sold for £225,000 in December 2019, which was around 11% below the average December 2019 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

17 THOMAS CLOSE Sold Prices

Land registry data shows three sales for 17 THOMAS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 17 THOMAS 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
2019 9 DEC	£225,000	£252,708	11% below HPI
2007 28 SEP	£193,000	£205,569	6% below HPI
2003 22 DEC	£149,450	£154,392	3% below HPI

17 THOMAS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 17 THOMAS CLOSE sales between December 2003 and December 2019 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 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 17 THOMAS CLOSE be worth now?

17 THOMAS CLOSE might now be worth an estimated £304,324.

This is based on house price inflation of 35.3%, between December 2019 and April 2026, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.3% inflationary increase is applied to the most recent sale price for 17 THOMAS CLOSE of £225,000 on 9th December 2019. For the value to have increased from £225,000 to £304,324 over the seven years and eight months to April 2026, the following assumptions must hold true:

• The value of 17 THOMAS CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The December 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 17 THOMAS CLOSE has not materially changed since December 2019.

How Large is 17 THOMAS CLOSE?

17 THOMAS CLOSE is 81m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses houses in Ironville, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ironville, and where 17 THOMAS CLOSE lies on this distribution: 24% of detached houses houses are smaller than 17 THOMAS CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Ironville.

17 THOMAS CLOSE: Plot and Title Map

17 THOMAS CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 17 THOMAS 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 17 THOMAS 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 17 THOMAS CLOSE?

17 THOMAS CLOSE is located in CODNOR PARK, in the NG16 postcode district. The below map shows the position of No. 17 on THOMAS CLOSE.