3, INHAM FIELDS CLOSE, GUNTHORPE, NOTTINGHAM, NG14 7FH - £245,000

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.

3 INHAM FIELDS CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £294,805. It was last sold for £245,000 in April 2021, which was around 18% below the average April 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

3 INHAM FIELDS CLOSE Sold Prices

Land registry data shows one sale for 3 INHAM FIELDS 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 Newark and Sherwood 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
2021 30 APR	£245,000	£297,335	18% below HPI

What might 3 INHAM FIELDS CLOSE be worth now?

3 INHAM FIELDS CLOSE might now be worth an estimated £294,805.

This is based on house price inflation of 20.3%, between April 2021 and April 2026, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.3% inflationary increase is applied to the most recent sale price for 3 INHAM FIELDS CLOSE of £245,000 on 30th April 2021. For the value to have increased from £245,000 to £294,805 over the five years to April 2026, the following assumptions must hold true:

• The value of 3 INHAM FIELDS CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The April 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 3 INHAM FIELDS CLOSE has not materially changed since April 2021.

How Large is 3 INHAM FIELDS CLOSE?

3 INHAM FIELDS CLOSE is 74m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses in Gunthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Gunthorpe, and where 3 INHAM FIELDS CLOSE lies on this distribution: 2% of detached houses are smaller than 3 INHAM FIELDS CLOSE, and 98% of detached houses are larger. Note that EPC data is not available for all properties in Gunthorpe.

3 INHAM FIELDS CLOSE: Plot

3 INHAM FIELDS CLOSE sits on a plot of roughly 0.061 of an acre, or 246m².

Where is 3 INHAM FIELDS CLOSE?

3 INHAM FIELDS CLOSE is located in GUNTHORPE, in the NG14 postcode district.