12, CARPENTERS CLOSE, CROPWELL BUTLER, NOTTINGHAM, NG12 3AT - £400,000

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.

12 CARPENTERS CLOSE is a very small detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £422,612. It was last sold for £400,000 in December 2022, which was around 16% below the average December 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

12 CARPENTERS CLOSE Sold Prices

Land registry data shows two sales for 12 CARPENTERS 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 Rushcliffe local authority area for the corresponding sale date. One of the two 12 CARPENTERS CLOSE sales was for below the average price, whilst the other was 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
2022 16 DEC	£400,000	£473,474	16% below HPI
2000 11 FEB	£136,500	£128,150	7% above HPI

12 CARPENTERS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 12 CARPENTERS CLOSE sales from February 2000 and December 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 February 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 12 CARPENTERS CLOSE be worth now?

12 CARPENTERS CLOSE might now be worth an estimated £422,612.

This is based on house price inflation of 5.7%, between December 2022 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.7% inflationary increase is applied to the most recent sale price for 12 CARPENTERS CLOSE of £400,000 on 16th December 2022. For the value to have increased from £400,000 to £422,612 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 CARPENTERS CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The December 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CARPENTERS CLOSE has not materially changed since December 2022.

How Large is 12 CARPENTERS CLOSE?

12 CARPENTERS CLOSE is 95m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses houses in Cropwell Butler, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cropwell Butler, and where 12 CARPENTERS CLOSE lies on this distribution: 11% of detached houses houses are smaller than 12 CARPENTERS CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Cropwell Butler.

12 CARPENTERS CLOSE: Plot and Title Map

12 CARPENTERS CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 12 CARPENTERS 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 12 CARPENTERS 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 12 CARPENTERS CLOSE?

12 CARPENTERS CLOSE is located in CROPWELL BUTLER, in the NG12 postcode district. The below map shows the position of No. 12 on CARPENTERS CLOSE.