2, MARCH CLOSE, NOTTINGHAM, NG5 9RF - £210,000

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.

2 MARCH CLOSE is a very small terraced house of 64m², built sometime between 1996 and 2002, which could now be worth an estimated £234,791. It was last sold for £210,000 in April 2022, which was around 37% above the average April 2022 terraced price in the City of Nottingham local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

2 MARCH CLOSE Sold Prices

Land registry data shows one sale for 2 MARCH CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the City of Nottingham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 21 APR	£210,000	£152,836	37% above HPI

What might 2 MARCH CLOSE be worth now?

2 MARCH CLOSE might now be worth an estimated £234,791.

This is based on house price inflation of 11.8%, between April 2022 and April 2026, for terraced houses, 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 11.8% inflationary increase is applied to the most recent sale price for 2 MARCH CLOSE of £210,000 on 21st April 2022. For the value to have increased from £210,000 to £234,791 over the four years to April 2026, the following assumptions must hold true:

• The value of 2 MARCH CLOSE has moved in line with the HPI for terraced houses in the City of Nottingham local authority area.
• The April 2022 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARCH CLOSE has not materially changed since April 2022.

How Large is 2 MARCH CLOSE?

2 MARCH CLOSE is 64m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of terraced houses in Nottingham, based on EPC data. The below chart shows the distribution of terraced houses by size in Nottingham, and where 2 MARCH CLOSE lies on this distribution: 19% of terraced houses are smaller than 2 MARCH CLOSE, and 79% of terraced houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 MARCH CLOSE: Plot

2 MARCH CLOSE sits on a plot of roughly 0.107 of an acre, or 432m².

Where is 2 MARCH CLOSE?

2 MARCH CLOSE is located in NOTTINGHAM, in the NG5 postcode district.