3, WRAY CLOSE, NOTTINGHAM, NG3 2FS - £107,000

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 WRAY CLOSE is a small flat of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £100,838. It was last sold for £107,000 in January 2023, which was around 19% below the average January 2023 flat price in the City of Nottingham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was C.

3 WRAY CLOSE Sold Prices

Land registry data shows three sales for 3 WRAY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the City of Nottingham local authority area for the corresponding sale date. All of the three 3 WRAY CLOSE sales were for below 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
2023 12 JAN	£107,000	£132,141	19% below HPI
2019 1 FEB	£74,000	£101,807	27% below HPI
2007 2 FEB	£48,000	£94,593	49% below HPI

What might 3 WRAY CLOSE be worth now?

3 WRAY CLOSE might now be worth an estimated £100,838.

This is based on house price deflation of 5.8%, between January 2023 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 5.8% deflationary decrease is applied to the most recent sale price for 3 WRAY CLOSE of £107,000 on 12th January 2023. For the value to have decreased from £107,000 to £100,838 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 3 WRAY CLOSE has moved in line with the HPI for flats in the City of Nottingham local authority area.
• The January 2023 sale price of £107,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WRAY CLOSE has not materially changed since January 2023.

How Large is 3 WRAY CLOSE?

3 WRAY CLOSE is 54m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of flats in Nottingham, based on EPC data. 38% of flats are smaller than 3 WRAY CLOSE, and 60% of flats are larger. Note that EPC data is not available for all properties in Nottingham.

3 WRAY CLOSE: Plot

3 WRAY CLOSE sits on a plot of roughly 0.081 of an acre, or 326m².

Where is 3 WRAY CLOSE?

3 WRAY CLOSE is located in NOTTINGHAM, in the NG3 postcode district.