5, MALIN CLOSE, ARNOLD, NOTTINGHAM, NG5 7GU - £169,000

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.

5 MALIN CLOSE is a detached house, which could now be worth an estimated £289,944. It was last sold for £169,000 in November 2007, which was around 21% below the average November 2007 detached price in the Gedling local authority area.

5 MALIN CLOSE Sold Prices

Land registry data shows two sales for 5 MALIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 5 MALIN 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
2007 26 NOV	£169,000	£213,816	21% below HPI
2006 17 MAR	£119,950	£198,242	39% below HPI

What might 5 MALIN CLOSE be worth now?

5 MALIN CLOSE might now be worth an estimated £289,944.

This is based on house price inflation of 71.6%, between November 2007 and May 2026, for 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 71.6% inflationary increase is applied to the most recent sale price for 5 MALIN CLOSE of £169,000 on 26th November 2007. For the value to have increased from £169,000 to £289,944 over the nineteen years and six months to May 2026, the following assumptions must hold true:

• The value of 5 MALIN CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The November 2007 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MALIN CLOSE has not materially changed since November 2007.

Where is 5 MALIN CLOSE?

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