5, LION CLOSE, NOTTINGHAM, NG8 5ED - £95,000

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.

5 LION CLOSE is a very small terraced house of 43m², built sometime between 1976 and 1982, which could now be worth an estimated £177,395. It was last sold for £95,000 in July 2005, which was around 5% above the average July 2005 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

5 LION CLOSE Sold Prices

Land registry data shows two sales for 5 LION CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the City of Nottingham local authority area for the corresponding sale date. One of the two 5 LION CLOSE sales was for above the average price, whilst the other was 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
2005 6 JUL	£95,000	£90,605	5% above HPI
2004 1 JUN	£65,000	£81,855	21% below HPI

5 LION 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 two 5 LION CLOSE sales from June 2004 and July 2005 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 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2005 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 5 LION CLOSE be worth now?

5 LION CLOSE might now be worth an estimated £177,395.

This is based on house price inflation of 86.7%, between July 2005 and May 2026, 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 86.7% inflationary increase is applied to the most recent sale price for 5 LION CLOSE of £95,000 on 6th July 2005. For the value to have increased from £95,000 to £177,395 over the 21 years and two months to May 2026, the following assumptions must hold true:

• The value of 5 LION CLOSE has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The July 2005 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LION CLOSE has not materially changed since July 2005.

How Large is 5 LION CLOSE?

5 LION CLOSE is 43m² according to the EPC inspection conducted in June 2016. 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 5 LION CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 5 LION CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

5 LION CLOSE: Plot and Title Map

5 LION CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 5 LION 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 LION 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 LION CLOSE?

5 LION CLOSE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 5 on LION CLOSE.