10, SMALLEY CLOSE, UNDERWOOD, NOTTINGHAM, NG16 5GE - £163,500

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.

10 SMALLEY CLOSE is a midsized extended detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £270,692. It was last sold for £163,500 in September 2014, which was around 1% above the average September 2014 detached price in the Ashfield local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

10 SMALLEY CLOSE Sold Prices

Land registry data shows three sales for 10 SMALLEY 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 Ashfield local authority area for the corresponding sale date. All of the three 10 SMALLEY 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
2014 1 SEP	£163,500	£161,414	1% above HPI
2012 27 APR	£145,000	£141,172	3% above HPI
1997 1 OCT	£78,000	£59,495	31% above HPI

10 SMALLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The three 10 SMALLEY CLOSE sales between October 1997 and September 2014 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 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 10 SMALLEY CLOSE be worth now?

10 SMALLEY CLOSE might now be worth an estimated £270,692.

This is based on house price inflation of 65.6%, between September 2014 and February 2025, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.6% inflationary increase is applied to the most recent sale price for 10 SMALLEY CLOSE of £163,500 on 1st September 2014. For the value to have increased from £163,500 to £270,692 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 SMALLEY CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The September 2014 sale price of £163,500 represented a fair market value for the property.
• The size, condition, and specification of 10 SMALLEY CLOSE has not materially changed since September 2014.

How Large is 10 SMALLEY CLOSE?

10 SMALLEY CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Underwood, and where 10 SMALLEY CLOSE lies on this distribution: 56% of detached houses houses are smaller than 10 SMALLEY CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Underwood.

10 SMALLEY CLOSE: Plot and Title Map

10 SMALLEY CLOSE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 10 SMALLEY 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 10 SMALLEY 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 10 SMALLEY CLOSE?

10 SMALLEY CLOSE is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 10 on SMALLEY CLOSE.