1, HOUSTON CLOSE, NOTTINGHAM, NG5 5DQ - £167,000

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 HOUSTON CLOSE is a very small detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £235,486. It was last sold for £167,000 in June 2018, which was around 27% below the average June 2018 detached price in the City of Nottingham local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

1 HOUSTON CLOSE Sold Prices

Land registry data shows two sales for 1 HOUSTON 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 City of Nottingham local authority area for the corresponding sale date. Both of the two 1 HOUSTON 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 19 JUN	£167,000	£227,616	27% below HPI
2004 28 JUN	£132,000	£167,517	21% below HPI

1 HOUSTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 1 HOUSTON CLOSE sales from June 2004 and June 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 June 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 HOUSTON CLOSE be worth now?

1 HOUSTON CLOSE might now be worth an estimated £235,486.

This is based on house price inflation of 41%, between June 2018 and March 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41% inflationary increase is applied to the most recent sale price for 1 HOUSTON CLOSE of £167,000 on 19th June 2018. For the value to have increased from £167,000 to £235,486 over the seven years and three months to March 2025, the following assumptions must hold true:

• The value of 1 HOUSTON CLOSE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The June 2018 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOUSTON CLOSE has not materially changed since June 2018.

How Large is 1 HOUSTON CLOSE?

1 HOUSTON CLOSE is 58m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 1 HOUSTON CLOSE lies on this distribution: 3% of detached houses houses are smaller than 1 HOUSTON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

1 HOUSTON CLOSE: Plot and Title Map

1 HOUSTON CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 1 HOUSTON 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 HOUSTON 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 HOUSTON CLOSE?

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