8, GILBERT CLOSE, NOTTINGHAM, NG5 5UR - £109,995

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.

8 GILBERT CLOSE is a small flat of 54m², built sometime between 2003 and 2006, which could now be worth an estimated £149,228. It was last sold for £109,995 in December 2004, which was around 20% above the average December 2004 flat price in the City of Nottingham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

8 GILBERT CLOSE Sold Prices

Land registry data shows one sale for 8 GILBERT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2004 22 DEC	£109,995	£91,791	20% above HPI

What might 8 GILBERT CLOSE be worth now?

8 GILBERT CLOSE might now be worth an estimated £149,228.

This is based on house price inflation of 35.7%, between December 2004 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 35.7% inflationary increase is applied to the most recent sale price for 8 GILBERT CLOSE of £109,995 on 22nd December 2004. For the value to have increased from £109,995 to £149,228 over the 22 years and seven months to May 2026, the following assumptions must hold true:

• The value of 8 GILBERT CLOSE has moved in line with the HPI for flats in the City of Nottingham local authority area.
• The December 2004 sale price of £109,995 represented a fair market value for the property.
• The size, condition, and specification of 8 GILBERT CLOSE has not materially changed since December 2004.

How Large is 8 GILBERT CLOSE?

8 GILBERT CLOSE is 54m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of flats in Nottingham, based on EPC data. 38% of flats are smaller than 8 GILBERT CLOSE, and 60% of flats are larger. Note that EPC data is not available for all properties in Nottingham.

8 GILBERT CLOSE: Plot

8 GILBERT CLOSE sits on a plot of roughly 1.7 acres, or 6,946m².

Where is 8 GILBERT CLOSE?

8 GILBERT CLOSE is located in NOTTINGHAM, in the NG5 postcode district.