7, SPRAY CLOSE, COLWICK, NOTTINGHAM, NG4 2GT - £82,000

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 SPRAY CLOSE is a very small terraced house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £154,300. It was last sold for £82,000 in June 2013, which was around 13% below the average June 2013 terraced price in the Gedling local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

7 SPRAY CLOSE Sold Prices

Land registry data shows five sales for 7 SPRAY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Gedling local authority area for the corresponding sale date. Most of the five 7 SPRAY CLOSE 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
2013 28 JUN	£82,000	£94,761	13% below HPI
2006 19 DEC	£110,000	£102,447	7% above HPI
2003 11 JUN	£89,950	£75,731	19% above HPI
2000 23 MAR	£51,500	£39,440	31% above HPI
1995 17 MAR	£44,205	£32,691	35% above HPI

7 SPRAY 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 five 7 SPRAY CLOSE sales between March 1995 and June 2013 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 December 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7 SPRAY CLOSE be worth now?

7 SPRAY CLOSE might now be worth an estimated £154,300.

This is based on house price inflation of 88.2%, between June 2013 and April 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 88.2% inflationary increase is applied to the most recent sale price for 7 SPRAY CLOSE of £82,000 on 28th June 2013. For the value to have increased from £82,000 to £154,300 over the thirteen years and two months to April 2026, the following assumptions must hold true:

• The value of 7 SPRAY CLOSE has moved in line with the HPI for terraced houses in the Gedling local authority area.
• The June 2013 sale price of £82,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPRAY CLOSE has not materially changed since June 2013.

How Large is 7 SPRAY CLOSE?

7 SPRAY CLOSE is 55m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of terraced houses houses in Carlton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Carlton, and where 7 SPRAY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 7 SPRAY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Carlton.

7 SPRAY CLOSE: Plot and Title Map

7 SPRAY CLOSE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 7 SPRAY 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 SPRAY 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 SPRAY CLOSE?

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