7, HONINGHAM CLOSE, ARNOLD, NOTTINGHAM, NG5 6SG - £104,500

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.

7 HONINGHAM CLOSE is a very small terraced house of 50m², built sometime between 1976 and 1982, which could now be worth an estimated £169,604. It was last sold for £104,500 in January 2016, which was around 6% below the average January 2016 terraced price in the Gedling local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

7 HONINGHAM CLOSE Sold Prices

Land registry data shows three sales for 7 HONINGHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gedling local authority area for the corresponding sale date. One of the three 7 HONINGHAM CLOSE sales was for below the average price, whilst two 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
2016 20 JAN	£104,500	£110,634	6% below HPI
2003 11 JUL	£86,000	£76,752	12% above HPI
2001 26 JAN	£53,500	£43,686	22% above HPI

7 HONINGHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gedling local authority area over time, sourced from the HPI. The three 7 HONINGHAM CLOSE sales between January 2001 and January 2016 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 July 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 7 HONINGHAM CLOSE be worth now?

7 HONINGHAM CLOSE might now be worth an estimated £169,604.

This is based on house price inflation of 62.3%, between January 2016 and May 2026, for terraced 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 62.3% inflationary increase is applied to the most recent sale price for 7 HONINGHAM CLOSE of £104,500 on 20th January 2016. For the value to have increased from £104,500 to £169,604 over the nine years and eight months to May 2026, the following assumptions must hold true:

• The value of 7 HONINGHAM CLOSE has moved in line with the HPI for terraced houses in the Gedling local authority area.
• The January 2016 sale price of £104,500 represented a fair market value for the property.
• The size, condition, and specification of 7 HONINGHAM CLOSE has not materially changed since January 2016.

How Large is 7 HONINGHAM CLOSE?

7 HONINGHAM CLOSE is 50m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of terraced houses houses in Arnold, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Arnold, and where 7 HONINGHAM CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 7 HONINGHAM CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Arnold.

7 HONINGHAM CLOSE: Plot and Title Map

7 HONINGHAM CLOSE sits on a plot of roughly 0.019 of an acre, or 75m². The below map shows the location of 7 HONINGHAM 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 7 HONINGHAM 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 7 HONINGHAM CLOSE?

7 HONINGHAM CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 7 on HONINGHAM CLOSE.