6, HEATHER CLOSE, NEWTHORPE, NOTTINGHAM, NG16 2EP - £195,000

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.

6 HEATHER CLOSE is a very small detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £297,871. It was last sold for £195,000 in June 2017, which was around 18% below the average June 2017 detached price in the Broxtowe local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

6 HEATHER CLOSE Sold Prices

Land registry data shows four sales for 6 HEATHER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the four 6 HEATHER 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
2017 29 JUN	£195,000	£237,882	18% below HPI
2016 23 MAY	£193,000	£225,617	14% below HPI
2014 19 DEC	£140,000	£207,610	33% below HPI
2002 4 JUL	£103,000	£135,530	24% below HPI

6 HEATHER CLOSE 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 four 6 HEATHER CLOSE sales between July 2002 and June 2017 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 May 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 6 HEATHER CLOSE be worth now?

6 HEATHER CLOSE might now be worth an estimated £297,871.

This is based on house price inflation of 52.8%, between June 2017 and May 2026, 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 52.8% inflationary increase is applied to the most recent sale price for 6 HEATHER CLOSE of £195,000 on 29th June 2017. For the value to have increased from £195,000 to £297,871 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 6 HEATHER CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The June 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 6 HEATHER CLOSE has not materially changed since June 2017.

How Large is 6 HEATHER CLOSE?

6 HEATHER CLOSE is 67m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastwood, and where 6 HEATHER CLOSE lies on this distribution: 17% of detached houses houses are smaller than 6 HEATHER CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

6 HEATHER CLOSE: Plot and Title Map

6 HEATHER CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 6 HEATHER 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 6 HEATHER 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 6 HEATHER CLOSE?

6 HEATHER CLOSE is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 6 on HEATHER CLOSE.