12, GOODMAN CLOSE, GILTBROOK, NOTTINGHAM, NG16 2UR - £175,000

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 GOODMAN CLOSE is a small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £235,785. It was last sold for £175,000 in July 2019, which was around 34% below the average July 2019 detached price in the Broxtowe local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

12 GOODMAN CLOSE Sold Prices

Land registry data shows two sales for 12 GOODMAN 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 Broxtowe local authority area for the corresponding sale date. Both of the two 12 GOODMAN 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
2019 2 JUL	£175,000	£264,138	34% below HPI
2000 27 OCT	£65,500	£97,253	33% below HPI

12 GOODMAN 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 two 12 GOODMAN CLOSE sales from October 2000 and July 2019 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 October 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 12 GOODMAN CLOSE be worth now?

12 GOODMAN CLOSE might now be worth an estimated £235,785.

This is based on house price inflation of 34.7%, between July 2019 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 34.7% inflationary increase is applied to the most recent sale price for 12 GOODMAN CLOSE of £175,000 on 2nd July 2019. For the value to have increased from £175,000 to £235,785 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 12 GOODMAN CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The July 2019 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GOODMAN CLOSE has not materially changed since July 2019.

How Large is 12 GOODMAN CLOSE?

12 GOODMAN CLOSE is 69m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% 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 GOODMAN CLOSE lies on this distribution: 20% of detached houses houses are smaller than 12 GOODMAN CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

12 GOODMAN CLOSE: Plot and Title Map

12 GOODMAN CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 12 GOODMAN 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 GOODMAN 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 GOODMAN CLOSE?

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