11, CARRADALE CLOSE, ARNOLD, NOTTINGHAM, NG5 8RJ - £262,500

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.

11 CARRADALE CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £348,306. It was last sold for £262,500 in July 2020, which was around 7% below the average July 2020 detached price in the Gedling local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

11 CARRADALE CLOSE Sold Prices

Land registry data shows three sales for 11 CARRADALE 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 11 CARRADALE 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
2020 24 JUL	£262,500	£281,811	7% below HPI
2015 24 JUN	£213,500	£214,580	1% below HPI
2014 10 OCT	£125,000	£209,590	40% below HPI

11 CARRADALE 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 11 CARRADALE CLOSE sales between October 2014 and July 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 June 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 11 CARRADALE CLOSE be worth now?

11 CARRADALE CLOSE might now be worth an estimated £348,306.

This is based on house price inflation of 32.7%, between July 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 32.7% inflationary increase is applied to the most recent sale price for 11 CARRADALE CLOSE of £262,500 on 24th July 2020. For the value to have increased from £262,500 to £348,306 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 11 CARRADALE CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The July 2020 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 11 CARRADALE CLOSE has not materially changed since July 2020.

How Large is 11 CARRADALE CLOSE?

11 CARRADALE CLOSE is 69m² according to the EPC inspection conducted in February 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 11 CARRADALE CLOSE lies on this distribution: 7% of detached houses houses are smaller than 11 CARRADALE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Arnold.

11 CARRADALE CLOSE: Plot and Title Map

11 CARRADALE CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 11 CARRADALE 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 11 CARRADALE 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 11 CARRADALE CLOSE?

11 CARRADALE CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 11 on CARRADALE CLOSE.