16, PARK CLOSE, PINXTON, NOTTINGHAM, NG16 6QQ - £46,700

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 PARK CLOSE is a very small detached house of 47m², built sometime between 1976 and 1982, which could now be worth an estimated £181,873. It was last sold for £46,700 in December 2001, which was around 29% below the average December 2001 detached price in the Bolsover local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

16 PARK CLOSE Sold Prices

Land registry data shows three sales for 16 PARK 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 Bolsover local authority area for the corresponding sale date. All of the three 16 PARK 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
2001 20 DEC	£46,700	£66,203	29% below HPI
1999 11 JUN	£38,500	£55,807	31% below HPI
1998 19 JUN	£37,000	£56,130	34% below HPI

16 PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bolsover local authority area over time, sourced from the HPI. The three 16 PARK CLOSE sales between June 1998 and December 2001 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 June 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2001 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 16 PARK CLOSE be worth now?

16 PARK CLOSE might now be worth an estimated £181,873.

This is based on house price inflation of 289.4%, between December 2001 and February 2025, for detached houses, in the Bolsover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 289.4% inflationary increase is applied to the most recent sale price for 16 PARK CLOSE of £46,700 on 20th December 2001. For the value to have increased from £46,700 to £181,873 over the 24 years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 PARK CLOSE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The December 2001 sale price of £46,700 represented a fair market value for the property.
• The size, condition, and specification of 16 PARK CLOSE has not materially changed since December 2001.

How Large is 16 PARK CLOSE?

16 PARK CLOSE is 47m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses houses in Pinxton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pinxton, and where 16 PARK CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 16 PARK CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Pinxton.

16 PARK CLOSE: Plot and Title Map

16 PARK CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 16 PARK 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 PARK 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 PARK CLOSE?

16 PARK CLOSE is located in PINXTON, in the NG16 postcode district. The below map shows the position of No. 16 on PARK CLOSE.