18, HOTSPUR CLOSE, NOTTINGHAM, NG6 0FW - £156,000

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.

18 HOTSPUR CLOSE is a very small semi-detached house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £187,813. It was last sold for £156,000 in July 2021, which was around 13% below the average July 2021 semi-detached price in the City of Nottingham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was B.

18 HOTSPUR CLOSE Sold Prices

Land registry data shows four sales for 18 HOTSPUR 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. Most of the four 18 HOTSPUR 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
2021 30 JUL	£156,000	£178,996	13% below HPI
2021 1 MAR	£110,000	£176,460	38% below HPI
2005 14 SEP	£103,000	£113,930	10% below HPI
1998 16 JUN	£44,950	£43,121	4% above HPI

18 HOTSPUR 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 18 HOTSPUR CLOSE sales between June 1998 and July 2021 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 2021 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 18 HOTSPUR CLOSE be worth now?

18 HOTSPUR CLOSE might now be worth an estimated £187,813.

This is based on house price inflation of 20.4%, between July 2021 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 20.4% inflationary increase is applied to the most recent sale price for 18 HOTSPUR CLOSE of £156,000 on 30th July 2021. For the value to have increased from £156,000 to £187,813 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 18 HOTSPUR CLOSE has moved in line with the HPI for semi-detached houses in the City of Nottingham local authority area.
• The July 2021 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HOTSPUR CLOSE has not materially changed since July 2021.

How Large is 18 HOTSPUR CLOSE?

18 HOTSPUR CLOSE is 61m² according to the EPC inspection conducted in October 2020. 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 18 HOTSPUR CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 18 HOTSPUR CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

18 HOTSPUR CLOSE: Plot and Title Map

18 HOTSPUR CLOSE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 18 HOTSPUR 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 18 HOTSPUR 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 18 HOTSPUR CLOSE?

18 HOTSPUR CLOSE is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 18 on HOTSPUR CLOSE.