14, GILBERT CLOSE, NOTTINGHAM, NG5 5UR - £110,000

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.

14 GILBERT CLOSE is a midsized flat of 59m², built sometime between 2003 and 2006, which could now be worth an estimated £104,086. It was last sold for £110,000 in November 2022, which was around 16% below the average November 2022 flat price in the City of Nottingham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.

14 GILBERT CLOSE Sold Prices

Land registry data shows three sales for 14 GILBERT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the City of Nottingham local authority area for the corresponding sale date. All of the three 14 GILBERT 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
2022 29 NOV	£110,000	£131,607	16% below HPI
2013 1 FEB	£65,000	£71,901	10% below HPI
2007 29 NOV	£90,500	£91,524	1% below HPI

What might 14 GILBERT CLOSE be worth now?

14 GILBERT CLOSE might now be worth an estimated £104,086.

This is based on house price deflation of 5.4%, between November 2022 and May 2026, for flats, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.4% deflationary decrease is applied to the most recent sale price for 14 GILBERT CLOSE of £110,000 on 29th November 2022. For the value to have decreased from £110,000 to £104,086 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 14 GILBERT CLOSE has moved in line with the HPI for flats in the City of Nottingham local authority area.
• The November 2022 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 14 GILBERT CLOSE has not materially changed since November 2022.

How Large is 14 GILBERT CLOSE?

14 GILBERT CLOSE is 59m² according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of flats in Nottingham, based on EPC data. 50% of flats are smaller than 14 GILBERT CLOSE, and 48% of flats are larger. Note that EPC data is not available for all properties in Nottingham.

14 GILBERT CLOSE: Plot

14 GILBERT CLOSE sits on a plot of roughly 1.7 acres, or 6,946m².

Where is 14 GILBERT CLOSE?

14 GILBERT CLOSE is located in NOTTINGHAM, in the NG5 postcode district.