1, BROOMFIELD CLOSE, SANDIACRE, NOTTINGHAM, NG10 5GQ - £173,000

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 BROOMFIELD CLOSE is a very small extended detached house of 52m², built sometime between 1967 and 1975, which could now be worth an estimated £227,050. It was last sold for £173,000 in July 2018, which was around 29% below the average July 2018 detached price in the Erewash local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

1 BROOMFIELD CLOSE Sold Prices

Land registry data shows three sales for 1 BROOMFIELD 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 Erewash local authority area for the corresponding sale date. All of the three 1 BROOMFIELD 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
2018 27 JUL	£173,000	£243,063	29% below HPI
2010 13 OCT	£119,950	£180,088	33% below HPI
2010 22 JAN	£101,000	£171,707	41% below HPI

1 BROOMFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 1 BROOMFIELD CLOSE sales between January 2010 and July 2018 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 October 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 BROOMFIELD CLOSE be worth now?

1 BROOMFIELD CLOSE might now be worth an estimated £227,050.

This is based on house price inflation of 31.2%, between July 2018 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.2% inflationary increase is applied to the most recent sale price for 1 BROOMFIELD CLOSE of £173,000 on 27th July 2018. For the value to have increased from £173,000 to £227,050 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 1 BROOMFIELD CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The July 2018 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BROOMFIELD CLOSE has not materially changed since July 2018.

How Large is 1 BROOMFIELD CLOSE?

1 BROOMFIELD CLOSE is 52m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandiacre, and where 1 BROOMFIELD CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 1 BROOMFIELD CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

1 BROOMFIELD CLOSE: Plot and Title Map

1 BROOMFIELD CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 1 BROOMFIELD 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 BROOMFIELD 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 BROOMFIELD CLOSE?

1 BROOMFIELD CLOSE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 1 on BROOMFIELD CLOSE.