5, EXETER CLOSE, GEDLING, NOTTINGHAM, NG4 4JW - £397,500

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.

5 EXETER CLOSE is a large extended detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £405,232. It was last sold for £397,500 in February 2024, which was around 11% above the average February 2024 detached price in the Gedling local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

5 EXETER CLOSE Sold Prices

Land registry data shows two sales for 5 EXETER 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 5 EXETER 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
2024 19 FEB	£397,500	£357,747	11% above HPI
2012 5 JAN	£200,000	£189,754	5% above HPI

5 EXETER 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 5 EXETER CLOSE sales from January 2012 and February 2024 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 January 2012 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2024 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 5 EXETER CLOSE be worth now?

5 EXETER CLOSE might now be worth an estimated £405,232.

This is based on house price inflation of 1.9%, between February 2024 and April 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 1.9% inflationary increase is applied to the most recent sale price for 5 EXETER CLOSE of £397,500 on 19th February 2024. For the value to have increased from £397,500 to £405,232 over the one year and ten months to April 2026, the following assumptions must hold true:

• The value of 5 EXETER CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The February 2024 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of 5 EXETER CLOSE has not materially changed since February 2024.

How Large is 5 EXETER CLOSE?

5 EXETER CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 30% 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 5 EXETER CLOSE lies on this distribution: 71% of detached houses houses are smaller than 5 EXETER CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Carlton.

5 EXETER CLOSE: Plot and Title Map

5 EXETER CLOSE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 5 EXETER 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 5 EXETER 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 5 EXETER CLOSE?

5 EXETER CLOSE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 5 on EXETER CLOSE.