16, BOWNESS CLOSE, GAMSTON, NOTTINGHAM, NG2 6PE - £450,000

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

16 BOWNESS CLOSE is a large extended detached house of 153m², built sometime between 1991 and 1995, which could now be worth an estimated £721,486. It was last sold for £450,000 in June 2015, which was around 44% above the average June 2015 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

16 BOWNESS CLOSE Sold Prices

Land registry data shows three sales for 16 BOWNESS 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 Rushcliffe local authority area for the corresponding sale date. All of the three 16 BOWNESS 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
2015 25 JUN	£450,000	£312,006	44% above HPI
1999 21 MAY	£160,000	£113,553	41% above HPI
1996 1 MAR	£155,000	£89,088	74% above HPI

16 BOWNESS 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 three 16 BOWNESS CLOSE sales between March 1996 and June 2015 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 May 1999 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the June 2015 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 16 BOWNESS CLOSE be worth now?

16 BOWNESS CLOSE might now be worth an estimated £721,486.

This is based on house price inflation of 60.3%, between June 2015 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 60.3% inflationary increase is applied to the most recent sale price for 16 BOWNESS CLOSE of £450,000 on 25th June 2015. For the value to have increased from £450,000 to £721,486 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 16 BOWNESS CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The June 2015 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BOWNESS CLOSE has not materially changed since June 2015.

How Large is 16 BOWNESS CLOSE?

16 BOWNESS CLOSE is 153m², which includes three extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 30% of detached houses houses in Gamston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gamston, and where 16 BOWNESS CLOSE lies on this distribution: 75% of detached houses houses are smaller than 16 BOWNESS CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Gamston.

16 BOWNESS CLOSE: Plot and Title Map

16 BOWNESS CLOSE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 16 BOWNESS 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 16 BOWNESS 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 16 BOWNESS CLOSE?

16 BOWNESS CLOSE is located in GAMSTON, in the NG2 postcode district. The below map shows the position of No. 16 on BOWNESS CLOSE.