2, PARK CLOSE, PINXTON, NOTTINGHAM, NG16 6QQ - £105,000

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 PARK CLOSE is a very small detached house of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £149,569. It was last sold for £105,000 in May 2019, which was around 42% below the average May 2019 detached price in the Bolsover local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was B.

2 PARK CLOSE Sold Prices

Land registry data shows four sales for 2 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bolsover local authority area for the corresponding sale date. All of the four 2 PARK 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
2019 24 MAY	£105,000	£180,999	42% below HPI
2007 28 MAR	£108,000	£153,752	30% below HPI
2003 30 MAY	£63,000	£89,734	30% below HPI
2001 12 JUL	£37,000	£64,045	42% below HPI

2 PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bolsover local authority area over time, sourced from the HPI. The four 2 PARK CLOSE sales between July 2001 and May 2019 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 March 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 2 PARK CLOSE be worth now?

2 PARK CLOSE might now be worth an estimated £149,569.

This is based on house price inflation of 42.4%, between May 2019 and February 2025, for detached houses, in the Bolsover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.4% inflationary increase is applied to the most recent sale price for 2 PARK CLOSE of £105,000 on 24th May 2019. For the value to have increased from £105,000 to £149,569 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 2 PARK CLOSE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The May 2019 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK CLOSE has not materially changed since May 2019.

How Large is 2 PARK CLOSE?

2 PARK CLOSE is 56m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses houses in Pinxton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pinxton, and where 2 PARK CLOSE lies on this distribution: 7% of detached houses houses are smaller than 2 PARK CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Pinxton.

2 PARK CLOSE: Plot and Title Map

2 PARK CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 2 PARK 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 PARK 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 PARK CLOSE?

2 PARK CLOSE is located in PINXTON, in the NG16 postcode district. The below map shows the position of No. 2 on PARK CLOSE.