15, SHEARING HILL, GEDLING, NOTTINGHAM, NG4 3GY - £265,000

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 SHEARING HILL is a midsized extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £277,164. It was last sold for £265,000 in March 2023, which was around 26% below the average March 2023 detached price in the Gedling local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was B.

15 SHEARING HILL Sold Prices

Land registry data shows two sales for 15 SHEARING HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 15 SHEARING HILL 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 7 MAR	£265,000	£358,069	26% below HPI
2013 13 DEC	£110,000	£194,109	43% below HPI

15 SHEARING HILL 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 two 15 SHEARING HILL sales from December 2013 and March 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 December 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 15 SHEARING HILL be worth now?

15 SHEARING HILL might now be worth an estimated £277,164.

This is based on house price inflation of 4.6%, between March 2023 and March 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 4.6% inflationary increase is applied to the most recent sale price for 15 SHEARING HILL of £265,000 on 7th March 2023. For the value to have increased from £265,000 to £277,164 over the two years to March 2025, the following assumptions must hold true:

• The value of 15 SHEARING HILL has moved in line with the HPI for detached houses in the Gedling local authority area.
• The March 2023 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SHEARING HILL has not materially changed since March 2023.

How Large is 15 SHEARING HILL?

15 SHEARING HILL is 108m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 40% 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 SHEARING HILL lies on this distribution: 60% of detached houses houses are smaller than 15 SHEARING HILL, and 40% of houses are larger. Note that EPC data is not available for all properties in Carlton.

15 SHEARING HILL: Plot and Title Map

15 SHEARING HILL sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 15 SHEARING HILL, 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 SHEARING HILL). 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 SHEARING HILL?

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