13, GERRARD CLOSE, ARNOLD, NOTTINGHAM, NG5 9QL - £132,500

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.

13 GERRARD CLOSE is a very small extended detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £248,783. It was last sold for £132,500 in July 2014, which was around 33% below the average July 2014 detached price in the Gedling local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

13 GERRARD CLOSE Sold Prices

Land registry data shows three sales for 13 GERRARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 13 GERRARD 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
2014 4 JUL	£132,500	£199,152	33% below HPI
2009 29 MAY	£106,000	£175,823	40% below HPI
2007 27 JUL	£130,500	£204,174	36% below HPI

13 GERRARD 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 three 13 GERRARD CLOSE sales between July 2007 and July 2014 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 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2014 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 13 GERRARD CLOSE be worth now?

13 GERRARD CLOSE might now be worth an estimated £248,783.

This is based on house price inflation of 87.8%, between July 2014 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 87.8% inflationary increase is applied to the most recent sale price for 13 GERRARD CLOSE of £132,500 on 4th July 2014. For the value to have increased from £132,500 to £248,783 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 13 GERRARD CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The July 2014 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 13 GERRARD CLOSE has not materially changed since July 2014.

How Large is 13 GERRARD CLOSE?

13 GERRARD CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 13 GERRARD CLOSE lies on this distribution: 19% of detached houses houses are smaller than 13 GERRARD CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

13 GERRARD CLOSE: Plot and Title Map

13 GERRARD CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 13 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 13 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 13 GERRARD CLOSE?

13 GERRARD CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 13 on GERRARD CLOSE.