18, GERRARD CLOSE, ARNOLD, NOTTINGHAM, NG5 9QL - £101,000

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

18 GERRARD CLOSE is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £101,000 in October 2003, which was around 43% below the average October 2003 detached price in the Gedling local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

18 GERRARD CLOSE Sold Prices

Land registry data shows two sales for 18 GERRARD 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 Gedling local authority area for the corresponding sale date. Both of the two 18 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
2003 31 OCT	£101,000	£175,987	43% below HPI
2000 16 JUN	£65,950	£96,102	31% below HPI

18 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 two 18 GERRARD CLOSE sales from June 2000 and October 2003 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 2000 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2003 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 18 GERRARD CLOSE?

18 GERRARD CLOSE is 64m² according to the EPC inspection conducted in July 2013. 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 18 GERRARD CLOSE lies on this distribution: 6% of detached houses are smaller than 18 GERRARD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

18 GERRARD CLOSE: Plot and Title Map

18 GERRARD CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 18 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 18 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 18 GERRARD CLOSE?

18 GERRARD CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 18 on GERRARD CLOSE.