16, GERRARD CLOSE, ARNOLD, NOTTINGHAM, NG5 9QL - £180,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 GERRARD CLOSE is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £180,000 in April 2019, which was around 33% below the average April 2019 detached price in the Gedling local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

16 GERRARD CLOSE Sold Prices

Land registry data shows five sales for 16 GERRARD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the five 16 GERRARD 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
2019 16 APR	£180,000	£267,270	33% below HPI
2009 29 JUL	£110,000	£177,186	38% below HPI
2007 1 AUG	£128,000	£205,805	38% below HPI
2003 25 APR	£114,000	£167,217	32% below HPI
1996 6 DEC	£48,000	£75,280	36% below HPI

16 GERRARD 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 five 16 GERRARD CLOSE sales between December 1996 and April 2019 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 2009 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 16 GERRARD CLOSE?

16 GERRARD CLOSE is 64m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 16 GERRARD CLOSE lies on this distribution: 6% of detached houses are smaller than 16 GERRARD CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

16 GERRARD CLOSE: Plot and Title Map

16 GERRARD CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 16 GERRARD 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 GERRARD 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 GERRARD CLOSE?

16 GERRARD CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 16 on GERRARD CLOSE.