1, INSTOW CLOSE, MAPPERLEY, NOTTINGHAM, NG3 5XE - £427,500

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 INSTOW CLOSE is a large detached house of 140m², which could now be worth an estimated £533,185. It was last sold for £427,500 in December 2020, which was around 43% above the average December 2020 detached price in the Gedling local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was A.

1 INSTOW CLOSE Sold Prices

Land registry data shows two sales for 1 INSTOW 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. Both of the two 1 INSTOW CLOSE sales were for above 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
2020 21 DEC	£427,500	£299,811	43% above HPI
2018 30 APR	£394,950	£258,716	53% above HPI

1 INSTOW 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 INSTOW CLOSE sales from April 2018 and December 2020 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 April 2018 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the December 2020 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 1 INSTOW CLOSE be worth now?

1 INSTOW CLOSE might now be worth an estimated £533,185.

This is based on house price inflation of 24.7%, between December 2020 and February 2025, 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 24.7% inflationary increase is applied to the most recent sale price for 1 INSTOW CLOSE of £427,500 on 21st December 2020. For the value to have increased from £427,500 to £533,185 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 INSTOW CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The December 2020 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 1 INSTOW CLOSE has not materially changed since December 2020.

How Large is 1 INSTOW CLOSE?

1 INSTOW CLOSE is 140m² according to the EPC inspection conducted in April 2018. This puts it in the largest 30% 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 INSTOW CLOSE lies on this distribution: 78% of detached houses houses are smaller than 1 INSTOW CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Arnold.

1 INSTOW CLOSE: Plot and Title Map

1 INSTOW CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 1 INSTOW 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 INSTOW 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 INSTOW CLOSE?

1 INSTOW CLOSE is located in MAPPERLEY, in the NG3 postcode district. The below map shows the position of No. 1 on INSTOW CLOSE.