29, FAIRMEAD CLOSE, NOTTINGHAM, NG3 3EQ - £118,500

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.

29 FAIRMEAD CLOSE is a very small semi-detached house of 48m², built sometime between 1967 and 1975, which could now be worth an estimated £156,160. It was last sold for £118,500 in August 2020, which was around 29% below the average August 2020 semi-detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

29 FAIRMEAD CLOSE Sold Prices

Land registry data shows three sales for 29 FAIRMEAD 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 29 FAIRMEAD 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
2020 20 AUG	£118,500	£167,152	29% below HPI
2006 19 DEC	£83,950	£117,793	29% below HPI
2003 7 MAR	£66,950	£86,421	23% below HPI

29 FAIRMEAD 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 29 FAIRMEAD CLOSE sales between March 2003 and August 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 December 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2020 sale, which was also at 29% below the HPI.

What might 29 FAIRMEAD CLOSE be worth now?

29 FAIRMEAD CLOSE might now be worth an estimated £156,160.

This is based on house price inflation of 31.8%, between August 2020 and July 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 31.8% inflationary increase is applied to the most recent sale price for 29 FAIRMEAD CLOSE of £118,500 on 20th August 2020. For the value to have increased from £118,500 to £156,160 over the five years and one month to July 2025, the following assumptions must hold true:

• The value of 29 FAIRMEAD CLOSE has moved in line with the HPI for semi-detached houses in the City of Nottingham local authority area.
• The August 2020 sale price of £118,500 represented a fair market value for the property.
• The size, condition, and specification of 29 FAIRMEAD CLOSE has not materially changed since August 2020.

How Large is 29 FAIRMEAD CLOSE?

29 FAIRMEAD CLOSE is 48m² according to the EPC inspection conducted in November 2017. 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 29 FAIRMEAD CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 29 FAIRMEAD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

29 FAIRMEAD CLOSE: Plot and Title Map

29 FAIRMEAD CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 29 FAIRMEAD 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 29 FAIRMEAD 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 29 FAIRMEAD CLOSE?

29 FAIRMEAD CLOSE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 29 on FAIRMEAD CLOSE.