7, SAPELE CLOSE, GEDLING, NOTTINGHAM, NG4 4AP - £360,000

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.

7 SAPELE CLOSE is a large extended detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £424,519. It was last sold for £360,000 in June 2021, which was around 16% above the average June 2021 detached price in the Gedling local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

7 SAPELE CLOSE Sold Prices

Land registry data shows four sales for 7 SAPELE 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 Gedling local authority area for the corresponding sale date. two of the four 7 SAPELE CLOSE sales were for above the average price, and four 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
2021 21 JUN	£360,000	£311,080	16% above HPI
2020 30 NOV	£250,000	£291,899	14% below HPI
2017 15 DEC	£249,000	£253,814	2% below HPI
2003 31 OCT	£189,950	£176,503	8% above HPI

7 SAPELE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The four 7 SAPELE CLOSE sales between October 2003 and June 2021 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 November 2020 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 7 SAPELE CLOSE be worth now?

7 SAPELE CLOSE might now be worth an estimated £424,519.

This is based on house price inflation of 17.9%, between June 2021 and May 2026, for detached 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 17.9% inflationary increase is applied to the most recent sale price for 7 SAPELE CLOSE of £360,000 on 21st June 2021. For the value to have increased from £360,000 to £424,519 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 7 SAPELE CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The June 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SAPELE CLOSE has not materially changed since June 2021.

How Large is 7 SAPELE CLOSE?

7 SAPELE CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 7 SAPELE CLOSE lies on this distribution: 67% of detached houses houses are smaller than 7 SAPELE CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Carlton.

7 SAPELE CLOSE: Plot and Title Map

7 SAPELE CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 7 SAPELE 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 SAPELE 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 SAPELE CLOSE?

7 SAPELE CLOSE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 7 on SAPELE CLOSE.