1, WEAVE CLOSE, NOTTINGHAM, NG6 0FH - £230,000

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 WEAVE CLOSE is a small detached house of 85m², built sometime between 2007 and 2011, which could now be worth an estimated £254,040. It was last sold for £230,000 in December 2021, which was around 22% below the average December 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

1 WEAVE CLOSE Sold Prices

Land registry data shows two sales for 1 WEAVE 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 WEAVE 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
2021 15 DEC	£230,000	£293,313	22% below HPI
2008 23 DEC	£140,000	£162,279	14% below HPI

1 WEAVE 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 WEAVE CLOSE sales from December 2008 and December 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 December 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 1 WEAVE CLOSE be worth now?

1 WEAVE CLOSE might now be worth an estimated £254,040.

This is based on house price inflation of 10.5%, between December 2021 and February 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 10.5% inflationary increase is applied to the most recent sale price for 1 WEAVE CLOSE of £230,000 on 15th December 2021. For the value to have increased from £230,000 to £254,040 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 WEAVE CLOSE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The December 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WEAVE CLOSE has not materially changed since December 2021.

How Large is 1 WEAVE CLOSE?

1 WEAVE CLOSE is 85m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% 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 WEAVE CLOSE lies on this distribution: 25% of detached houses houses are smaller than 1 WEAVE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

1 WEAVE CLOSE: Plot and Title Map

1 WEAVE CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 1 WEAVE 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 WEAVE 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 WEAVE CLOSE?

1 WEAVE CLOSE is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 1 on WEAVE CLOSE.