2, SERIF CLOSE, NOTTINGHAM, NG5 1QQ - £345,000

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

2 SERIF CLOSE is a large extended detached house of 138m², built sometime between 1996 and 2002, which could now be worth an estimated £350,050. It was last sold for £345,000 in July 2024, which was around 8% above the average July 2024 detached price in the City of Nottingham local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

2 SERIF CLOSE Sold Prices

Land registry data shows two sales for 2 SERIF 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 SERIF CLOSE sales were for above 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 26 JUL	£345,000	£318,329	8% above HPI
2002 29 NOV	£179,000	£137,491	30% above HPI

2 SERIF 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 SERIF CLOSE sales from November 2002 and July 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 November 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2024 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 2 SERIF CLOSE be worth now?

2 SERIF CLOSE might now be worth an estimated £350,050.

This is based on house price inflation of 1.5%, between July 2024 and December 2024, 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 1.5% inflationary increase is applied to the most recent sale price for 2 SERIF CLOSE of £345,000 on 26th July 2024. For the value to have increased from £345,000 to £350,050 over the seven months to December 2024, the following assumptions must hold true:

• The value of 2 SERIF CLOSE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The July 2024 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SERIF CLOSE has not materially changed since July 2024.

How Large is 2 SERIF CLOSE?

2 SERIF CLOSE is 138m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 30% 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 SERIF CLOSE lies on this distribution: 79% of detached houses houses are smaller than 2 SERIF CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 SERIF CLOSE: Plot and Title Map

2 SERIF CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 2 SERIF 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 SERIF 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 SERIF CLOSE?

2 SERIF CLOSE is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 2 on SERIF CLOSE.