5, THE CHANCERY, BRAMCOTE, NOTTINGHAM, NG9 3AJ - £530,000

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 THE CHANCERY is a very small detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £559,145. It was last sold for £530,000 in July 2022, which was around 57% above the average July 2022 detached price in the Broxtowe local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

5 THE CHANCERY Sold Prices

Land registry data shows three sales for 5 THE CHANCERY 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. All of the three 5 THE CHANCERY 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
2022 26 JUL	£530,000	£337,334	57% above HPI
2002 28 JUN	£275,000	£128,136	115% above HPI
1997 22 AUG	£167,000	£74,986	123% above HPI

5 THE CHANCERY 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 5 THE CHANCERY sales between August 1997 and July 2022 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 2002 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the July 2022 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 5 THE CHANCERY be worth now?

5 THE CHANCERY might now be worth an estimated £559,145.

This is based on house price inflation of 5.5%, between July 2022 and February 2025, 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 5.5% inflationary increase is applied to the most recent sale price for 5 THE CHANCERY of £530,000 on 26th July 2022. For the value to have increased from £530,000 to £559,145 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 5 THE CHANCERY has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The July 2022 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE CHANCERY has not materially changed since July 2022.

How Large is 5 THE CHANCERY?

5 THE CHANCERY is 75m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% of detached houses houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beeston, and where 5 THE CHANCERY lies on this distribution: 11% of detached houses houses are smaller than 5 THE CHANCERY, and 88% of houses are larger. Note that EPC data is not available for all properties in Beeston.

5 THE CHANCERY: Plot and Title Map

5 THE CHANCERY sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of 5 THE CHANCERY, 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 THE CHANCERY). 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 THE CHANCERY?

5 THE CHANCERY is located in BRAMCOTE, in the NG9 postcode district. The below map shows the position of No. 5 on THE CHANCERY.