15, SALTFORD CLOSE, GEDLING, NOTTINGHAM, NG4 4BD - £317,000

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.

15 SALTFORD CLOSE is a very large detached house of 141m², built sometime between 1991 and 1995, which could now be worth an estimated £426,806. It was last sold for £317,000 in June 2020, which was around 14% above the average June 2020 detached price in the Gedling local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

15 SALTFORD CLOSE Sold Prices

Land registry data shows three sales for 15 SALTFORD 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 15 SALTFORD CLOSE sales were 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
2020 4 JUN	£317,000	£277,727	14% above HPI
2004 23 JUL	£229,950	£191,464	20% above HPI
2001 25 MAY	£124,000	£107,836	15% above HPI

15 SALTFORD 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 15 SALTFORD CLOSE sales between May 2001 and June 2020 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 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 15 SALTFORD CLOSE be worth now?

15 SALTFORD CLOSE might now be worth an estimated £426,806.

This is based on house price inflation of 34.6%, between June 2020 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 34.6% inflationary increase is applied to the most recent sale price for 15 SALTFORD CLOSE of £317,000 on 4th June 2020. For the value to have increased from £317,000 to £426,806 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 15 SALTFORD CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The June 2020 sale price of £317,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SALTFORD CLOSE has not materially changed since June 2020.

How Large is 15 SALTFORD CLOSE?

15 SALTFORD CLOSE is 141m² according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 15 SALTFORD CLOSE lies on this distribution: 86% of detached houses houses are smaller than 15 SALTFORD CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Carlton.

15 SALTFORD CLOSE: Plot and Title Map

15 SALTFORD CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 15 SALTFORD 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 SALTFORD 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 SALTFORD CLOSE?

15 SALTFORD CLOSE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 15 on SALTFORD CLOSE.