12, PADDOCK CLOSE, CALVERTON, NOTTINGHAM, NG14 6GJ - £187,500

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 PADDOCK CLOSE is a very small semi-detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £216,878. It was last sold for £187,500 in December 2021, which was around 8% below the average December 2021 semi-detached price in the Gedling local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

12 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 12 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gedling local authority area for the corresponding sale date. One of the two 12 PADDOCK 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
2021 17 DEC	£187,500	£204,795	8% below HPI
2002 25 MAR	£78,450	£74,570	5% above HPI

12 PADDOCK 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 two 12 PADDOCK CLOSE sales from March 2002 and December 2021 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 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 12 PADDOCK CLOSE be worth now?

12 PADDOCK CLOSE might now be worth an estimated £216,878.

This is based on house price inflation of 15.7%, between December 2021 and February 2025, 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 15.7% inflationary increase is applied to the most recent sale price for 12 PADDOCK CLOSE of £187,500 on 17th December 2021. For the value to have increased from £187,500 to £216,878 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 PADDOCK CLOSE has moved in line with the HPI for semi-detached houses in the Gedling local authority area.
• The December 2021 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 12 PADDOCK CLOSE has not materially changed since December 2021.

How Large is 12 PADDOCK CLOSE?

12 PADDOCK CLOSE is 62m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of semi-detached houses houses in Calverton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Calverton, and where 12 PADDOCK CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 12 PADDOCK CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Calverton.

12 PADDOCK CLOSE: Plot and Title Map

12 PADDOCK CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 12 PADDOCK 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 PADDOCK 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 PADDOCK CLOSE?

12 PADDOCK CLOSE is located in CALVERTON, in the NG14 postcode district. The below map shows the position of No. 12 on PADDOCK CLOSE.