2, OXGANG CLOSE, CALVERTON, NOTTINGHAM, NG14 6RS - £240,000

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 OXGANG CLOSE is a small detached house of 90m², which could now be worth an estimated £293,160. It was last sold for £240,000 in April 2021, which was around 22% below the average April 2021 detached price in the Gedling local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was A.

2 OXGANG CLOSE Sold Prices

Land registry data shows two sales for 2 OXGANG 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 OXGANG 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
2021 28 APR	£240,000	£306,123	22% below HPI
2014 22 OCT	£199,995	£209,590	5% below HPI

2 OXGANG 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 OXGANG CLOSE sales from October 2014 and April 2021 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 October 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 OXGANG CLOSE be worth now?

2 OXGANG CLOSE might now be worth an estimated £293,160.

This is based on house price inflation of 22.1%, between April 2021 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 22.1% inflationary increase is applied to the most recent sale price for 2 OXGANG CLOSE of £240,000 on 28th April 2021. For the value to have increased from £240,000 to £293,160 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 2 OXGANG CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The April 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OXGANG CLOSE has not materially changed since April 2021.

How Large is 2 OXGANG CLOSE?

2 OXGANG CLOSE is 90m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses houses in Calverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Calverton, and where 2 OXGANG CLOSE lies on this distribution: 34% of detached houses houses are smaller than 2 OXGANG CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Calverton.

2 OXGANG CLOSE: Plot and Title Map

2 OXGANG CLOSE sits on a plot of roughly 6.0 acres, or 24,226m². The below map shows the location of 2 OXGANG 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 OXGANG 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 OXGANG CLOSE?

2 OXGANG CLOSE is located in CALVERTON, in the NG14 postcode district. The below map shows the position of No. 2 on OXGANG CLOSE.