1, HONINGHAM CLOSE, ARNOLD, NOTTINGHAM, NG5 6SG - £145,000

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 HONINGHAM CLOSE is a very small extended detached house of 64m², built sometime between 1976 and 1982, which could now be worth an estimated £155,234. It was last sold for £145,000 in July 2023, which was around 59% below the average July 2023 detached price in the Gedling local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

1 HONINGHAM CLOSE Sold Prices

Land registry data shows three sales for 1 HONINGHAM 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 HONINGHAM 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 14 JUL	£145,000	£349,757	59% below HPI
2015 11 SEP	£115,000	£221,904	48% below HPI
2006 26 MAY	£107,000	£202,312	47% below HPI

1 HONINGHAM 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 HONINGHAM CLOSE sales between May 2006 and July 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 September 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2023 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

What might 1 HONINGHAM CLOSE be worth now?

1 HONINGHAM CLOSE might now be worth an estimated £155,234.

This is based on house price inflation of 7.1%, between July 2023 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 7.1% inflationary increase is applied to the most recent sale price for 1 HONINGHAM CLOSE of £145,000 on 14th July 2023. For the value to have increased from £145,000 to £155,234 over the seven months to December 2024, the following assumptions must hold true:

• The value of 1 HONINGHAM CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The July 2023 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HONINGHAM CLOSE has not materially changed since July 2023.

How Large is 1 HONINGHAM CLOSE?

1 HONINGHAM CLOSE is 64m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 HONINGHAM CLOSE lies on this distribution: 4% of detached houses houses are smaller than 1 HONINGHAM CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Arnold.

1 HONINGHAM CLOSE: Plot and Title Map

1 HONINGHAM CLOSE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 1 HONINGHAM 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 HONINGHAM 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 HONINGHAM CLOSE?

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