11, GRANTHAM CLOSE, GILTBROOK, NOTTINGHAM, NG16 2WB - £325,000

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.

11 GRANTHAM CLOSE is a very large extended detached house of 138m², built sometime between 1967 and 1975, which could now be worth an estimated £357,576. It was last sold for £325,000 in March 2022, which was about the average March 2022 detached price in the Broxtowe local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

11 GRANTHAM CLOSE Sold Prices

Land registry data shows four sales for 11 GRANTHAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. The four 11 GRANTHAM CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2022 10 MAR	£325,000	£323,462	Close to HPI
2011 20 MAY	£190,000	£191,785	1% below HPI
2007 12 APR	£216,000	£202,262	7% above HPI
1996 19 NOV	£76,950	£71,550	8% above HPI

11 GRANTHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The four 11 GRANTHAM CLOSE sales between November 1996 and March 2022 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 May 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 11 GRANTHAM CLOSE be worth now?

11 GRANTHAM CLOSE might now be worth an estimated £357,576.

This is based on house price inflation of 10%, between March 2022 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10% inflationary increase is applied to the most recent sale price for 11 GRANTHAM CLOSE of £325,000 on 10th March 2022. For the value to have increased from £325,000 to £357,576 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 11 GRANTHAM CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The March 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 11 GRANTHAM CLOSE has not materially changed since March 2022.

How Large is 11 GRANTHAM CLOSE?

11 GRANTHAM CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 10% of detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastwood, and where 11 GRANTHAM CLOSE lies on this distribution: 90% of detached houses houses are smaller than 11 GRANTHAM CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

11 GRANTHAM CLOSE: Plot and Title Map

11 GRANTHAM CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 11 GRANTHAM 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 GRANTHAM 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 GRANTHAM CLOSE?

11 GRANTHAM CLOSE is located in GILTBROOK, in the NG16 postcode district. The below map shows the position of No. 11 on GRANTHAM CLOSE.