4, WILLOW CLOSE, LANGLEY MILL, NOTTINGHAM, NG16 4EA - £188,000

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.

4 WILLOW CLOSE is a large extended detached house of 120m², built sometime between 2003 and 2006, which could now be worth an estimated £313,008. It was last sold for £188,000 in June 2015, which was around 8% below the average June 2015 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

4 WILLOW CLOSE Sold Prices

Land registry data shows three sales for 4 WILLOW 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 Amber Valley local authority area for the corresponding sale date. Two of the three 4 WILLOW CLOSE sales were for below the average price, whilst one was 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
2015 29 JUN	£188,000	£205,294	8% below HPI
2006 22 SEP	£175,000	£191,292	9% below HPI
2002 10 SEP	£133,950	£116,448	15% above HPI

4 WILLOW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 4 WILLOW CLOSE sales between September 2002 and June 2015 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 September 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2015 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 4 WILLOW CLOSE be worth now?

4 WILLOW CLOSE might now be worth an estimated £313,008.

This is based on house price inflation of 66.5%, between June 2015 and April 2026, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.5% inflationary increase is applied to the most recent sale price for 4 WILLOW CLOSE of £188,000 on 29th June 2015. For the value to have increased from £188,000 to £313,008 over the eleven years and two months to April 2026, the following assumptions must hold true:

• The value of 4 WILLOW CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The June 2015 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WILLOW CLOSE has not materially changed since June 2015.

How Large is 4 WILLOW CLOSE?

4 WILLOW CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heanor, and where 4 WILLOW CLOSE lies on this distribution: 74% of detached houses houses are smaller than 4 WILLOW CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Heanor.

4 WILLOW CLOSE: Plot and Title Map

4 WILLOW CLOSE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 4 WILLOW 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 WILLOW 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 WILLOW CLOSE?

4 WILLOW CLOSE is located in LANGLEY MILL, in the NG16 postcode district. The below map shows the position of No. 4 on WILLOW CLOSE.