4, CHIGWELL CLOSE, NUTHALL, NOTTINGHAM, NG16 1QL - £311,500

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.

4 CHIGWELL CLOSE is a midsized detached house of 104m², built sometime between 1991 and 1995, which could now be worth an estimated £377,799. It was last sold for £311,500 in June 2021, which was around 4% above the average June 2021 detached price in the Broxtowe local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

4 CHIGWELL CLOSE Sold Prices

Land registry data shows three sales for 4 CHIGWELL 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 Broxtowe local authority area for the corresponding sale date. One of the three 4 CHIGWELL CLOSE sales was for above the average price, whilst two 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 29 JUN	£311,500	£299,607	4% above HPI
2011 25 MAY	£186,500	£191,785	3% below HPI
2004 26 AUG	£189,950	£192,063	1% below HPI

4 CHIGWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 4 CHIGWELL CLOSE sales between August 2004 and June 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 May 2011 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 4 CHIGWELL CLOSE be worth now?

4 CHIGWELL CLOSE might now be worth an estimated £377,799.

This is based on house price inflation of 21.3%, between June 2021 and May 2026, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.3% inflationary increase is applied to the most recent sale price for 4 CHIGWELL CLOSE of £311,500 on 29th June 2021. For the value to have increased from £311,500 to £377,799 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 4 CHIGWELL CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The June 2021 sale price of £311,500 represented a fair market value for the property.
• The size, condition, and specification of 4 CHIGWELL CLOSE has not materially changed since June 2021.

How Large is 4 CHIGWELL CLOSE?

4 CHIGWELL CLOSE is 104m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% of detached houses houses in Nuthall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nuthall, and where 4 CHIGWELL CLOSE lies on this distribution: 41% of detached houses houses are smaller than 4 CHIGWELL CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Nuthall.

4 CHIGWELL CLOSE: Plot and Title Map

4 CHIGWELL CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 4 CHIGWELL 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 4 CHIGWELL 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 4 CHIGWELL CLOSE?

4 CHIGWELL CLOSE is located in NUTHALL, in the NG16 postcode district. The below map shows the position of No. 4 on CHIGWELL CLOSE.