12, FREDA CLOSE, GEDLING, NOTTINGHAM, NG4 4GP - £165,000

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 FREDA CLOSE is a very small detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £279,723. It was last sold for £165,000 in August 2015, which was around 25% below the average August 2015 detached price in the Gedling local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

12 FREDA CLOSE Sold Prices

Land registry data shows two sales for 12 FREDA 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 Gedling local authority area for the corresponding sale date. Both of the two 12 FREDA 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
2015 25 AUG	£165,000	£220,569	25% below HPI
2002 31 MAY	£99,500	£131,763	24% below HPI

12 FREDA 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 two 12 FREDA CLOSE sales from May 2002 and August 2015 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 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 12 FREDA CLOSE be worth now?

12 FREDA CLOSE might now be worth an estimated £279,723.

This is based on house price inflation of 69.5%, between August 2015 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 69.5% inflationary increase is applied to the most recent sale price for 12 FREDA CLOSE of £165,000 on 25th August 2015. For the value to have increased from £165,000 to £279,723 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 12 FREDA CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The August 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FREDA CLOSE has not materially changed since August 2015.

How Large is 12 FREDA CLOSE?

12 FREDA CLOSE is 71m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 12 FREDA CLOSE lies on this distribution: 10% of detached houses houses are smaller than 12 FREDA CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Carlton.

12 FREDA CLOSE: Plot and Title Map

12 FREDA CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 12 FREDA 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 FREDA 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 FREDA CLOSE?

12 FREDA CLOSE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 12 on FREDA CLOSE.