12, GERRARD CLOSE, ARNOLD, NOTTINGHAM, NG5 9QL - £115,000

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 GERRARD CLOSE is a very small semi-detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £238,504. It was last sold for £115,000 in May 2011, which was about the average May 2011 semi-detached price in the Gedling local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

12 GERRARD CLOSE Sold Prices

Land registry data shows three sales for 12 GERRARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gedling local authority area for the corresponding sale date. The three 12 GERRARD CLOSE sales were a mix of roughly equal to 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
2011 27 MAY	£115,000	£114,448	Close to HPI
2007 25 MAY	£114,000	£128,821	12% below HPI
2002 26 APR	£71,000	£74,724	5% below HPI

12 GERRARD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gedling local authority area over time, sourced from the HPI. The three 12 GERRARD CLOSE sales between April 2002 and May 2011 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 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2011 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 12 GERRARD CLOSE be worth now?

12 GERRARD CLOSE might now be worth an estimated £238,504.

This is based on house price inflation of 107.4%, between May 2011 and December 2024, for semi-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 107.4% inflationary increase is applied to the most recent sale price for 12 GERRARD CLOSE of £115,000 on 27th May 2011. For the value to have increased from £115,000 to £238,504 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of 12 GERRARD CLOSE has moved in line with the HPI for semi-detached houses in the Gedling local authority area.
• The May 2011 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GERRARD CLOSE has not materially changed since May 2011.

How Large is 12 GERRARD CLOSE?

12 GERRARD CLOSE is 63m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of semi-detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nottingham, and where 12 GERRARD CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 12 GERRARD CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

12 GERRARD CLOSE: Plot and Title Map

12 GERRARD CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 12 GERRARD 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 GERRARD 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 GERRARD CLOSE?

12 GERRARD CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 12 on GERRARD CLOSE.