12, DEVON CLOSE, NEWTHORPE, NOTTINGHAM, NG16 2FH - £231,250

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

12 DEVON CLOSE is a very small detached house of 60m², built sometime between 2003 and 2006, which could now be worth an estimated £231,133. It was last sold for £231,250 in January 2024, which was around 35% below the average January 2024 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

12 DEVON CLOSE Sold Prices

Land registry data shows five sales for 12 DEVON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the five 12 DEVON 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
2024 19 JAN	£231,250	£356,064	35% below HPI
2019 1 MAR	£203,750	£261,384	22% below HPI
2014 11 JUL	£152,000	£201,354	25% below HPI
2013 28 MAY	£135,000	£187,585	28% below HPI
2001 1 JUN	£74,950	£104,079	28% below HPI

12 DEVON 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 five 12 DEVON CLOSE sales between June 2001 and January 2024 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 March 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 12 DEVON CLOSE be worth now?

12 DEVON CLOSE might now be worth an estimated £231,133.

This is based on house price deflation of 0.1%, between January 2024 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 0.1% deflationary decrease is applied to the most recent sale price for 12 DEVON CLOSE of £231,250 on 19th January 2024. For the value to have decreased from £231,250 to £231,133 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 12 DEVON CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The January 2024 sale price of £231,250 represented a fair market value for the property.
• The size, condition, and specification of 12 DEVON CLOSE has not materially changed since January 2024.

How Large is 12 DEVON CLOSE?

12 DEVON CLOSE is 60m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% 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 12 DEVON CLOSE lies on this distribution: 11% of detached houses houses are smaller than 12 DEVON CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

12 DEVON CLOSE: Plot and Title Map

12 DEVON CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 12 DEVON 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 DEVON 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 DEVON CLOSE?

12 DEVON CLOSE is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 12 on DEVON CLOSE.