7, THE CLOSE, NOTTINGHAM, NG5 3DB - £230,000

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.

7 THE CLOSE is a small semi-detached house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £235,614. It was last sold for £230,000 in March 2023, which was around 10% above the average March 2023 semi-detached price in the City of Nottingham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

7 THE CLOSE Sold Prices

Land registry data shows one sale for 7 THE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the City of Nottingham 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
2023 3 MAR	£230,000	£208,754	10% above HPI

What might 7 THE CLOSE be worth now?

7 THE CLOSE might now be worth an estimated £235,614.

This is based on house price inflation of 2.4%, between March 2023 and May 2026, for semi-detached houses, 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 2.4% inflationary increase is applied to the most recent sale price for 7 THE CLOSE of £230,000 on 3rd March 2023. For the value to have increased from £230,000 to £235,614 over the two years and ten months to May 2026, the following assumptions must hold true:

• The value of 7 THE CLOSE has moved in line with the HPI for semi-detached houses in the City of Nottingham local authority area.
• The March 2023 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE CLOSE has not materially changed since March 2023.

How Large is 7 THE CLOSE?

7 THE CLOSE is 77m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of semi-detached houses in Nottingham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Nottingham, and where 7 THE CLOSE lies on this distribution: 38% of semi-detached houses are smaller than 7 THE CLOSE, and 60% of semi-detached houses are larger. Note that EPC data is not available for all properties in Nottingham.

7 THE CLOSE: Plot

7 THE CLOSE sits on a plot of roughly 0.060 of an acre, or 241m².

Where is 7 THE CLOSE?

7 THE CLOSE is located in NOTTINGHAM, in the NG5 postcode district.