1, CRANMORE CLOSE, ARNOLD, NOTTINGHAM, NG5 8GJ - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CRANMORE CLOSE is a very large detached house of 245m², which could now be worth an estimated £611,070. It was last sold for £500,000 in May 2021, which was around 63% above the average May 2021 detached price in the Gedling local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

1 CRANMORE CLOSE Sold Prices

Land registry data shows two sales for 1 CRANMORE 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. One of the two 1 CRANMORE CLOSE sales was for above the average price, whilst the other was 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
2021 21 MAY	£500,000	£306,383	63% above HPI
2018 19 SEP	£100,000	£265,583	62% below HPI

1 CRANMORE 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 two 1 CRANMORE CLOSE sales from September 2018 and May 2021 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 September 2018 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the May 2021 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 1 CRANMORE CLOSE be worth now?

1 CRANMORE CLOSE might now be worth an estimated £611,070.

This is based on house price inflation of 22.2%, between May 2021 and December 2024, 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 22.2% inflationary increase is applied to the most recent sale price for 1 CRANMORE CLOSE of £500,000 on 21st May 2021. For the value to have increased from £500,000 to £611,070 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 1 CRANMORE CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The May 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CRANMORE CLOSE has not materially changed since May 2021.

How Large is 1 CRANMORE CLOSE?

1 CRANMORE CLOSE is 245m² according to the EPC inspection conducted in February 2020. This puts it in the largest 10% 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 CRANMORE CLOSE lies on this distribution: 99% of detached houses houses are smaller than 1 CRANMORE CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Arnold.

1 CRANMORE CLOSE: Plot and Title Map

1 CRANMORE CLOSE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 1 CRANMORE 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 CRANMORE 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 CRANMORE CLOSE?

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