2, CHERTSEY CLOSE, NOTTINGHAM, NG3 3EX - £130,000

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.

2 CHERTSEY CLOSE is a very small detached house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £215,138. It was last sold for £130,000 in September 2015, which was around 34% below the average September 2015 detached price in the City of Nottingham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

2 CHERTSEY CLOSE Sold Prices

Land registry data shows two sales for 2 CHERTSEY 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 City of Nottingham local authority area for the corresponding sale date. Both of the two 2 CHERTSEY 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
2015 11 SEP	£130,000	£195,763	34% below HPI
1998 6 FEB	£55,000	£70,292	22% below HPI

2 CHERTSEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 2 CHERTSEY CLOSE sales from February 1998 and September 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 February 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 2 CHERTSEY CLOSE be worth now?

2 CHERTSEY CLOSE might now be worth an estimated £215,138.

This is based on house price inflation of 65.5%, between September 2015 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.5% inflationary increase is applied to the most recent sale price for 2 CHERTSEY CLOSE of £130,000 on 11th September 2015. For the value to have increased from £130,000 to £215,138 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 CHERTSEY CLOSE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The September 2015 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERTSEY CLOSE has not materially changed since September 2015.

How Large is 2 CHERTSEY CLOSE?

2 CHERTSEY CLOSE is 53m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% 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 2 CHERTSEY CLOSE lies on this distribution: 2% of detached houses houses are smaller than 2 CHERTSEY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 CHERTSEY CLOSE: Plot and Title Map

2 CHERTSEY CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 2 CHERTSEY 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 2 CHERTSEY 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 2 CHERTSEY CLOSE?

2 CHERTSEY CLOSE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 2 on CHERTSEY CLOSE.