15, HAZELWOOD CLOSE, NEWTHORPE, NOTTINGHAM, NG16 2BR - £148,000

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 HAZELWOOD CLOSE is a very small detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £294,735. It was last sold for £148,000 in January 2009, which was around 16% below the average January 2009 detached price in the Broxtowe 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.

15 HAZELWOOD CLOSE Sold Prices

Land registry data shows two sales for 15 HAZELWOOD 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 15 HAZELWOOD 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
2009 6 JAN	£148,000	£176,245	16% below HPI
1997 26 JUL	£49,000	£74,164	34% below HPI

15 HAZELWOOD 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 15 HAZELWOOD CLOSE sales from July 1997 and January 2009 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 July 1997 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2009 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 15 HAZELWOOD CLOSE be worth now?

15 HAZELWOOD CLOSE might now be worth an estimated £294,735.

This is based on house price inflation of 99.1%, between January 2009 and December 2024, 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 99.1% inflationary increase is applied to the most recent sale price for 15 HAZELWOOD CLOSE of £148,000 on 6th January 2009. For the value to have increased from £148,000 to £294,735 over the fourteen years and one month to December 2024, the following assumptions must hold true:

• The value of 15 HAZELWOOD CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The January 2009 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HAZELWOOD CLOSE has not materially changed since January 2009.

How Large is 15 HAZELWOOD CLOSE?

15 HAZELWOOD CLOSE is 67m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% 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 15 HAZELWOOD CLOSE lies on this distribution: 18% of detached houses houses are smaller than 15 HAZELWOOD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

15 HAZELWOOD CLOSE: Plot and Title Map

15 HAZELWOOD CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 15 HAZELWOOD 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 HAZELWOOD 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 HAZELWOOD CLOSE?

15 HAZELWOOD CLOSE is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 15 on HAZELWOOD CLOSE.