14, FAIRHAM CLOSE, RUDDINGTON, NOTTINGHAM, NG11 6BE - £280,000

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.

14 FAIRHAM CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £307,919. It was last sold for £280,000 in July 2023, which was around 38% below the average July 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

14 FAIRHAM CLOSE Sold Prices

Land registry data shows two sales for 14 FAIRHAM 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 Rushcliffe local authority area for the corresponding sale date. Both of the two 14 FAIRHAM 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
2023 14 JUL	£280,000	£454,884	38% below HPI
1996 31 JAN	£69,050	£87,277	21% below HPI

14 FAIRHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 14 FAIRHAM CLOSE sales from January 1996 and July 2023 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 January 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 14 FAIRHAM CLOSE be worth now?

14 FAIRHAM CLOSE might now be worth an estimated £307,919.

This is based on house price inflation of 10%, between July 2023 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10% inflationary increase is applied to the most recent sale price for 14 FAIRHAM CLOSE of £280,000 on 14th July 2023. For the value to have increased from £280,000 to £307,919 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 14 FAIRHAM CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The July 2023 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 14 FAIRHAM CLOSE has not materially changed since July 2023.

How Large is 14 FAIRHAM CLOSE?

14 FAIRHAM CLOSE is 70m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses houses in Ruddington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruddington, and where 14 FAIRHAM CLOSE lies on this distribution: 4% of detached houses houses are smaller than 14 FAIRHAM CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ruddington.

14 FAIRHAM CLOSE: Plot and Title Map

14 FAIRHAM CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 14 FAIRHAM 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 14 FAIRHAM 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 14 FAIRHAM CLOSE?

14 FAIRHAM CLOSE is located in RUDDINGTON, in the NG11 postcode district. The below map shows the position of No. 14 on FAIRHAM CLOSE.