2, SHIPLEY CLOSE, NOTTINGHAM, NG3 5TF - £434,995

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 SHIPLEY CLOSE is a large detached house of 127m², built in 2022, which could now be worth an estimated £479,574. It was last sold for £434,995 in March 2022, which was around 31% above the average March 2022 detached price in the Gedling local authority area. The most recent EPC inspection was January 2022, where the current energy rating was B, and the potential energy rating was A.

2 SHIPLEY CLOSE Sold Prices

Land registry data shows one sale for 2 SHIPLEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Gedling 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 31 MAR	£434,995	£332,733	31% above HPI

What might 2 SHIPLEY CLOSE be worth now?

2 SHIPLEY CLOSE might now be worth an estimated £479,574.

This is based on house price inflation of 10.2%, between March 2022 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 10.2% inflationary increase is applied to the most recent sale price for 2 SHIPLEY CLOSE of £434,995 on 31st March 2022. For the value to have increased from £434,995 to £479,574 over the three years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 SHIPLEY CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The March 2022 sale price of £434,995 represented a fair market value for the property.
• The size, condition, and specification of 2 SHIPLEY CLOSE has not materially changed since March 2022.

How Large is 2 SHIPLEY CLOSE?

2 SHIPLEY CLOSE is 127m² according to the EPC inspection conducted in January 2022. This puts it in the largest 40% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 2 SHIPLEY CLOSE lies on this distribution: 67% of detached houses are smaller than 2 SHIPLEY CLOSE, and 32% of detached houses are larger. Note that EPC data is not available for all properties in Arnold.

2 SHIPLEY CLOSE: Plot

2 SHIPLEY CLOSE sits on a plot of roughly 0.071 of an acre, or 289m².

Where is 2 SHIPLEY CLOSE?

2 SHIPLEY CLOSE is located in NOTTINGHAM, in the NG3 postcode district.