23, SPRAY CLOSE, COLWICK, NOTTINGHAM, NG4 2GT - £60,000

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.

23 SPRAY CLOSE is a semi-detached house, which could now be worth an estimated £295,174. It was last sold for £60,000 in May 1998, which was around 25% above the average May 1998 semi-detached price in the Gedling local authority area.

23 SPRAY CLOSE Sold Prices

Land registry data shows three sales for 23 SPRAY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gedling local authority area for the corresponding sale date. All of the three 23 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
1998 15 MAY	£60,000	£47,932	25% above HPI
1996 6 SEP	£56,500	£44,696	26% above HPI
1995 14 JUL	£56,500	£45,215	25% above HPI

What might 23 SPRAY CLOSE be worth now?

23 SPRAY CLOSE might now be worth an estimated £295,174.

This is based on house price inflation of 392%, between May 1998 and May 2026, for semi-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 392% inflationary increase is applied to the most recent sale price for 23 SPRAY CLOSE of £60,000 on 15th May 1998. For the value to have increased from £60,000 to £295,174 over the 28 years to May 2026, the following assumptions must hold true:

• The value of 23 SPRAY CLOSE has moved in line with the HPI for semi-detached houses in the Gedling local authority area.
• The May 1998 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SPRAY CLOSE has not materially changed since May 1998.

Where is 23 SPRAY CLOSE?

23 SPRAY CLOSE is located in COLWICK, in the NG4 postcode district.