23, GILBERT CLOSE, NOTTINGHAM, NG5 5UR - £92,145

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.

23 GILBERT CLOSE is a small flat of 51m², built sometime between 2003 and 2006, which could now be worth an estimated £137,746. It was last sold for £92,145 in May 2004, which was around 11% above the average May 2004 flat price in the City of Nottingham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.

23 GILBERT CLOSE Sold Prices

Land registry data shows one sale for 23 GILBERT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2004 21 MAY	£92,145	£83,305	11% above HPI

What might 23 GILBERT CLOSE be worth now?

23 GILBERT CLOSE might now be worth an estimated £137,746.

This is based on house price inflation of 49.5%, between May 2004 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 49.5% inflationary increase is applied to the most recent sale price for 23 GILBERT CLOSE of £92,145 on 21st May 2004. For the value to have increased from £92,145 to £137,746 over the 22 years to May 2026, the following assumptions must hold true:

• The value of 23 GILBERT CLOSE has moved in line with the HPI for flats in the City of Nottingham local authority area.
• The May 2004 sale price of £92,145 represented a fair market value for the property.
• The size, condition, and specification of 23 GILBERT CLOSE has not materially changed since May 2004.

How Large is 23 GILBERT CLOSE?

23 GILBERT CLOSE is 51m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of flats in Nottingham, based on EPC data. 32% of flats are smaller than 23 GILBERT CLOSE, and 66% of flats are larger. Note that EPC data is not available for all properties in Nottingham.

23 GILBERT CLOSE: Plot

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

Where is 23 GILBERT CLOSE?

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