39, FAIRMEAD CLOSE, NOTTINGHAM, NG3 3EQ - £102,000

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.

39 FAIRMEAD CLOSE is a very small terraced house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £141,071. It was last sold for £102,000 in June 2020, which was around 20% below the average June 2020 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was A.

39 FAIRMEAD CLOSE Sold Prices

Land registry data shows three sales for 39 FAIRMEAD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the City of Nottingham local authority area for the corresponding sale date. All of the three 39 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 12 JUN	£102,000	£126,768	20% below HPI
2012 19 NOV	£70,000	£83,335	16% below HPI
2000 25 AUG	£31,950	£38,073	16% below HPI

39 FAIRMEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 39 FAIRMEAD CLOSE sales between August 2000 and June 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 November 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 39 FAIRMEAD CLOSE be worth now?

39 FAIRMEAD CLOSE might now be worth an estimated £141,071.

This is based on house price inflation of 38.3%, between June 2020 and July 2025, for terraced 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 38.3% inflationary increase is applied to the most recent sale price for 39 FAIRMEAD CLOSE of £102,000 on 12th June 2020. For the value to have increased from £102,000 to £141,071 over the four years and eleven months to July 2025, the following assumptions must hold true:

• The value of 39 FAIRMEAD CLOSE has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The June 2020 sale price of £102,000 represented a fair market value for the property.
• The size, condition, and specification of 39 FAIRMEAD CLOSE has not materially changed since June 2020.

How Large is 39 FAIRMEAD CLOSE?

39 FAIRMEAD CLOSE is 48m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of terraced houses houses in Nottingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Nottingham, and where 39 FAIRMEAD CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 39 FAIRMEAD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

39 FAIRMEAD CLOSE: Plot and Title Map

39 FAIRMEAD CLOSE sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 39 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 39 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 39 FAIRMEAD CLOSE?

39 FAIRMEAD CLOSE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 39 on FAIRMEAD CLOSE.