15, BOWLAND CLOSE, NOTTINGHAM, NG3 7BA - £120,000

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

15 BOWLAND CLOSE is a very small extended detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £208,031. It was last sold for £120,000 in September 2014, which was around 36% below the average September 2014 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

15 BOWLAND CLOSE Sold Prices

Land registry data shows two sales for 15 BOWLAND 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 City of Nottingham local authority area for the corresponding sale date. Both of the two 15 BOWLAND 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 5 SEP	£120,000	£186,878	36% below HPI
2006 17 FEB	£132,000	£177,261	26% below HPI

15 BOWLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 15 BOWLAND CLOSE sales from February 2006 and September 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 February 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2014 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 15 BOWLAND CLOSE be worth now?

15 BOWLAND CLOSE might now be worth an estimated £208,031.

This is based on house price inflation of 73.4%, between September 2014 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.4% inflationary increase is applied to the most recent sale price for 15 BOWLAND CLOSE of £120,000 on 5th September 2014. For the value to have increased from £120,000 to £208,031 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 BOWLAND CLOSE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The September 2014 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BOWLAND CLOSE has not materially changed since September 2014.

How Large is 15 BOWLAND CLOSE?

15 BOWLAND CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in April 2022. 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 15 BOWLAND CLOSE lies on this distribution: 14% of detached houses houses are smaller than 15 BOWLAND CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

15 BOWLAND CLOSE: Plot and Title Map

15 BOWLAND CLOSE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 15 BOWLAND 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 15 BOWLAND 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 15 BOWLAND CLOSE?

15 BOWLAND CLOSE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 15 on BOWLAND CLOSE.