19, DE MORGAN CLOSE, UNDERWOOD, NOTTINGHAM, NG16 5EU - £235,000

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.

19 DE MORGAN CLOSE is a large extended detached house of 135m², built sometime between 1967 and 1975, which could now be worth an estimated £383,076. It was last sold for £235,000 in April 2015, which was around 46% above the average April 2015 detached price in the Ashfield local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

19 DE MORGAN CLOSE Sold Prices

Land registry data shows two sales for 19 DE MORGAN 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 Ashfield local authority area for the corresponding sale date. Both of the two 19 DE MORGAN 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 30 APR	£235,000	£160,919	46% above HPI
2004 1 JUL	£244,000	£142,153	72% above HPI

19 DE MORGAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 19 DE MORGAN CLOSE sales from July 2004 and April 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 July 2004 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the April 2015 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 19 DE MORGAN CLOSE be worth now?

19 DE MORGAN CLOSE might now be worth an estimated £383,076.

This is based on house price inflation of 63%, between April 2015 and March 2025, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63% inflationary increase is applied to the most recent sale price for 19 DE MORGAN CLOSE of £235,000 on 30th April 2015. For the value to have increased from £235,000 to £383,076 over the ten years and one month to March 2025, the following assumptions must hold true:

• The value of 19 DE MORGAN CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The April 2015 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 19 DE MORGAN CLOSE has not materially changed since April 2015.

How Large is 19 DE MORGAN CLOSE?

19 DE MORGAN CLOSE is 135m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 30% of detached houses houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Underwood, and where 19 DE MORGAN CLOSE lies on this distribution: 72% of detached houses houses are smaller than 19 DE MORGAN CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Underwood.

19 DE MORGAN CLOSE: Plot and Title Map

19 DE MORGAN CLOSE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 19 DE MORGAN 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 19 DE MORGAN 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 19 DE MORGAN CLOSE?

19 DE MORGAN CLOSE is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 19 on DE MORGAN CLOSE.