1, BRECHIN CLOSE, ARNOLD, NOTTINGHAM, NG5 8GN - £380,000

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.

1 BRECHIN CLOSE is a very large extended detached house of 148m², built sometime between 1991 and 1995, which could now be worth an estimated £522,505. It was last sold for £380,000 in September 2019, which was around 40% above the average September 2019 detached price in the Gedling local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

1 BRECHIN CLOSE Sold Prices

Land registry data shows three sales for 1 BRECHIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 1 BRECHIN CLOSE sales were 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
2019 12 SEP	£380,000	£271,946	40% above HPI
1998 19 MAY	£110,000	£80,981	36% above HPI
1995 24 MAR	£125,000	£71,992	74% above HPI

1 BRECHIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 1 BRECHIN CLOSE sales between March 1995 and September 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1998 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2019 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 1 BRECHIN CLOSE be worth now?

1 BRECHIN CLOSE might now be worth an estimated £522,505.

This is based on house price inflation of 37.5%, between September 2019 and February 2025, 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 37.5% inflationary increase is applied to the most recent sale price for 1 BRECHIN CLOSE of £380,000 on 12th September 2019. For the value to have increased from £380,000 to £522,505 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 BRECHIN CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The September 2019 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BRECHIN CLOSE has not materially changed since September 2019.

How Large is 1 BRECHIN CLOSE?

1 BRECHIN CLOSE is 148m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 1 BRECHIN CLOSE lies on this distribution: 82% of detached houses houses are smaller than 1 BRECHIN CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Arnold.

1 BRECHIN CLOSE: Plot and Title Map

1 BRECHIN CLOSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 1 BRECHIN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 BRECHIN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 BRECHIN CLOSE?

1 BRECHIN CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 1 on BRECHIN CLOSE.