27, GILBERT CLOSE, NOTTINGHAM, NG5 5UR - £98,000

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.

27 GILBERT CLOSE is a large flat of 72m², built sometime between 2003 and 2006, which could now be worth an estimated £111,917. It was last sold for £98,000 in September 2020, which was around 10% below the average September 2020 flat price in the City of Nottingham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was C.

27 GILBERT CLOSE Sold Prices

Land registry data shows two sales for 27 GILBERT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the City of Nottingham local authority area for the corresponding sale date. One of the two 27 GILBERT CLOSE sales was for below the average price, whilst the other was 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
2020 15 SEP	£98,000	£109,045	10% below HPI
2004 18 JUN	£99,995	£85,282	17% above HPI

What might 27 GILBERT CLOSE be worth now?

27 GILBERT CLOSE might now be worth an estimated £111,917.

This is based on house price inflation of 14.2%, between September 2020 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 14.2% inflationary increase is applied to the most recent sale price for 27 GILBERT CLOSE of £98,000 on 15th September 2020. For the value to have increased from £98,000 to £111,917 over the six years and four months to May 2026, the following assumptions must hold true:

• The value of 27 GILBERT CLOSE has moved in line with the HPI for flats in the City of Nottingham local authority area.
• The September 2020 sale price of £98,000 represented a fair market value for the property.
• The size, condition, and specification of 27 GILBERT CLOSE has not materially changed since September 2020.

How Large is 27 GILBERT CLOSE?

27 GILBERT CLOSE is 72m² according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of flats in Nottingham, based on EPC data. 76% of flats are smaller than 27 GILBERT CLOSE, and 23% of flats are larger. Note that EPC data is not available for all properties in Nottingham.

27 GILBERT CLOSE: Plot

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

Where is 27 GILBERT CLOSE?

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