3, AXFORD CLOSE, GEDLING, NOTTINGHAM, NG4 4BB - £221,250

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.

3 AXFORD CLOSE is a very large detached house of 132m², built sometime between 1976 and 1982, which could now be worth an estimated £455,322. It was last sold for £221,250 in March 2004, which was around 24% above the average March 2004 detached price in the Gedling local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

3 AXFORD CLOSE Sold Prices

Land registry data shows two sales for 3 AXFORD 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 3 AXFORD CLOSE sales were for above 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 26 MAR	£221,250	£178,251	24% above HPI
1997 27 JUN	£95,000	£77,390	23% above HPI

3 AXFORD 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 3 AXFORD CLOSE sales from June 1997 and March 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 June 1997 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2004 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 3 AXFORD CLOSE be worth now?

3 AXFORD CLOSE might now be worth an estimated £455,322.

This is based on house price inflation of 105.8%, between March 2004 and May 2026, 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 105.8% inflationary increase is applied to the most recent sale price for 3 AXFORD CLOSE of £221,250 on 26th March 2004. For the value to have increased from £221,250 to £455,322 over the 21 years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 AXFORD CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The March 2004 sale price of £221,250 represented a fair market value for the property.
• The size, condition, and specification of 3 AXFORD CLOSE has not materially changed since March 2004.

How Large is 3 AXFORD CLOSE?

3 AXFORD CLOSE is 132m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 3 AXFORD CLOSE lies on this distribution: 82% of detached houses houses are smaller than 3 AXFORD CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Carlton.

3 AXFORD CLOSE: Plot and Title Map

3 AXFORD CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 AXFORD 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 3 AXFORD 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 3 AXFORD CLOSE?

3 AXFORD CLOSE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 3 on AXFORD CLOSE.