5, SMEDLEY CLOSE, NOTTINGHAM, NG8 5BZ - £143,000

5 SMEDLEY CLOSE is a very small detached house of 76m², built sometime between 2003 and 2006. It was last sold for £143,000 in May 2018, which was around 38% below the average May 2018 detached price in the City of Nottingham local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

5 SMEDLEY CLOSE Sold Prices

Land registry data shows three sales for 5 SMEDLEY 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 City of Nottingham local authority area for the corresponding sale date. All of the three 5 SMEDLEY 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
2018 31 MAY	£143,000	£230,505	38% below HPI
2015 31 MAR	£125,000	£146,281	15% below HPI
2007 1 JUN	£125,000	£141,145	11% below HPI

5 SMEDLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 5 SMEDLEY CLOSE sales between June 2007 and May 2018 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 March 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 5 SMEDLEY CLOSE?

5 SMEDLEY CLOSE is 76m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 5 SMEDLEY CLOSE lies on this distribution: 16% of detached houses are smaller than 5 SMEDLEY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

5 SMEDLEY CLOSE: Plot and Title Map

5 SMEDLEY CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 5 SMEDLEY 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 SMEDLEY 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 SMEDLEY CLOSE?

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