17, TIPTREE CLOSE, KIMBERLEY, NOTTINGHAM, NG16 2TQ - £199,950

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.

17 TIPTREE CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £268,212. It was last sold for £199,950 in September 2019, which was around 25% below the average September 2019 detached price in the Broxtowe local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

17 TIPTREE CLOSE Sold Prices

Land registry data shows two sales for 17 TIPTREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 17 TIPTREE 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 11 SEP	£199,950	£265,309	25% below HPI
2007 9 FEB	£145,000	£207,266	30% below HPI

17 TIPTREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 17 TIPTREE CLOSE sales from February 2007 and September 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 February 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 17 TIPTREE CLOSE be worth now?

17 TIPTREE CLOSE might now be worth an estimated £268,212.

This is based on house price inflation of 34.1%, between September 2019 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.1% inflationary increase is applied to the most recent sale price for 17 TIPTREE CLOSE of £199,950 on 11th September 2019. For the value to have increased from £199,950 to £268,212 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 17 TIPTREE CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The September 2019 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 17 TIPTREE CLOSE has not materially changed since September 2019.

How Large is 17 TIPTREE CLOSE?

17 TIPTREE CLOSE is 75m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% of detached houses houses in Kimberley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kimberley, and where 17 TIPTREE CLOSE lies on this distribution: 19% of detached houses houses are smaller than 17 TIPTREE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Kimberley.

17 TIPTREE CLOSE: Plot and Title Map

17 TIPTREE CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 17 TIPTREE 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 17 TIPTREE 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 17 TIPTREE CLOSE?

17 TIPTREE CLOSE is located in KIMBERLEY, in the NG16 postcode district. The below map shows the position of No. 17 on TIPTREE CLOSE.