2, MANDARIN CLOSE, STOKE BARDOLPH, NOTTINGHAM, NG14 5JQ - £309,750

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 MANDARIN CLOSE is a small detached house of 91m², built in 2022, which could now be worth an estimated £332,703. It was last sold for £309,750 in June 2024, which was around 11% below the average June 2024 detached price in the Gedling local authority area. The most recent EPC inspection was May 2023, where the current energy rating was B, and the potential energy rating was A.

2 MANDARIN CLOSE Sold Prices

Land registry data shows two sales for 2 MANDARIN 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 2 MANDARIN 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
2024 28 JUN	£309,750	£348,132	11% below HPI
2023 31 MAY	£294,995	£346,787	15% below HPI

2 MANDARIN 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 2 MANDARIN CLOSE sales from May 2023 and June 2024 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 May 2023 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 MANDARIN CLOSE be worth now?

2 MANDARIN CLOSE might now be worth an estimated £332,703.

This is based on house price inflation of 7.4%, between June 2024 and February 2025, 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 7.4% inflationary increase is applied to the most recent sale price for 2 MANDARIN CLOSE of £309,750 on 28th June 2024. For the value to have increased from £309,750 to £332,703 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 2 MANDARIN CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The June 2024 sale price of £309,750 represented a fair market value for the property.
• The size, condition, and specification of 2 MANDARIN CLOSE has not materially changed since June 2024.

How Large is 2 MANDARIN CLOSE?

2 MANDARIN CLOSE is 91m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 2 MANDARIN CLOSE lies on this distribution: 36% of detached houses houses are smaller than 2 MANDARIN CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Carlton.

2 MANDARIN CLOSE: Plot and Title Map

2 MANDARIN CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 2 MANDARIN 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 MANDARIN 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 MANDARIN CLOSE?

2 MANDARIN CLOSE is located in STOKE BARDOLPH, in the NG14 postcode district. The below map shows the position of No. 2 on MANDARIN CLOSE.