5, GERRARD CLOSE, ARNOLD, NOTTINGHAM, NG5 9QL - £119,500

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.

5 GERRARD CLOSE is a semi-detached house, which could now be worth an estimated £224,958. It was last sold for £119,500 in December 2005, which was around 5% below the average December 2005 semi-detached price in the Gedling local authority area.

5 GERRARD CLOSE Sold Prices

Land registry data shows three sales for 5 GERRARD 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. Two of the three 5 GERRARD CLOSE sales were for below the average price, whilst one 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
2005 19 DEC	£119,500	£125,262	5% below HPI
2005 28 JAN	£120,000	£123,489	3% below HPI
1999 23 AUG	£59,995	£50,795	18% above HPI

What might 5 GERRARD CLOSE be worth now?

5 GERRARD CLOSE might now be worth an estimated £224,958.

This is based on house price inflation of 88.2%, between December 2005 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 88.2% inflationary increase is applied to the most recent sale price for 5 GERRARD CLOSE of £119,500 on 19th December 2005. For the value to have increased from £119,500 to £224,958 over the 21 years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 GERRARD CLOSE has moved in line with the HPI for semi-detached houses in the Gedling local authority area.
• The December 2005 sale price of £119,500 represented a fair market value for the property.
• The size, condition, and specification of 5 GERRARD CLOSE has not materially changed since December 2005.

Where is 5 GERRARD CLOSE?

5 GERRARD CLOSE is located in ARNOLD, in the NG5 postcode district.