1, GUM TREE CLOSE, EDWALTON, NOTTINGHAM, NG12 4FZ - £400,000

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 GUM TREE CLOSE is a very small detached house of 89m², which could now be worth an estimated £443,302. It was last sold for £400,000 in December 2023, which was around 11% below the average December 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

1 GUM TREE CLOSE Sold Prices

Land registry data shows two sales for 1 GUM TREE 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 Rushcliffe local authority area for the corresponding sale date. Both of the two 1 GUM TREE 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
2023 15 DEC	£400,000	£451,376	11% below HPI
2018 28 JUN	£323,995	£373,199	13% below HPI

1 GUM TREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 1 GUM TREE CLOSE sales from June 2018 and December 2023 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 June 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 GUM TREE CLOSE be worth now?

1 GUM TREE CLOSE might now be worth an estimated £443,302.

This is based on house price inflation of 10.8%, between December 2023 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.8% inflationary increase is applied to the most recent sale price for 1 GUM TREE CLOSE of £400,000 on 15th December 2023. For the value to have increased from £400,000 to £443,302 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 GUM TREE CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The December 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GUM TREE CLOSE has not materially changed since December 2023.

How Large is 1 GUM TREE CLOSE?

1 GUM TREE CLOSE is 89m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses houses in Edwalton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edwalton, and where 1 GUM TREE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 1 GUM TREE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Edwalton.

1 GUM TREE CLOSE: Plot and Title Map

1 GUM TREE CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 1 GUM TREE 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 GUM TREE 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 GUM TREE CLOSE?

1 GUM TREE CLOSE is located in EDWALTON, in the NG12 postcode district. The below map shows the position of No. 1 on GUM TREE CLOSE.