19, PENNINE CLOSE, ARNOLD, NOTTINGHAM, NG5 9PT - £161,000

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

19 PENNINE CLOSE is a small detached house of 91m², built sometime between 1976 and 1982. It was last sold for £161,000 in July 2014, which was around 19% below the average July 2014 detached price in the Gedling local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

19 PENNINE CLOSE Sold Prices

Land registry data shows three sales for 19 PENNINE 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 Gedling local authority area for the corresponding sale date. All of the three 19 PENNINE 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
2014 4 JUL	£161,000	£199,152	19% below HPI
2007 13 AUG	£165,000	£206,408	20% below HPI
2000 21 JUL	£82,500	£98,067	16% below HPI

19 PENNINE 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 three 19 PENNINE CLOSE sales between July 2000 and July 2014 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 August 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2014 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 19 PENNINE CLOSE be worth now?

19 PENNINE CLOSE might now be worth an estimated £302,710.

This is based on house price inflation of 88%, between July 2014 and December 2024, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 88% inflationary increase is applied to the most recent sale price for 19 PENNINE CLOSE of £161,000 on 4th July 2014. For the value to have increased from £161,000 to £302,710 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 19 PENNINE CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The July 2014 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 19 PENNINE CLOSE has not materially changed since July 2014.

How Large is 19 PENNINE CLOSE?

19 PENNINE CLOSE is 91m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 19 PENNINE CLOSE lies on this distribution: 34% of detached houses houses are smaller than 19 PENNINE CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

19 PENNINE CLOSE: Plot and Title Map

19 PENNINE CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 19 PENNINE 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 PENNINE 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 PENNINE CLOSE?

19 PENNINE CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 19 on PENNINE CLOSE.