21, SOMERSET CLOSE, LONG EATON, NOTTINGHAM, NG10 2ET - £280,000

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.

21 SOMERSET CLOSE is a large detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £377,922. It was last sold for £280,000 in June 2018, which was around 18% above the average June 2018 detached price in the Erewash local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

21 SOMERSET CLOSE Sold Prices

Land registry data shows two sales for 21 SOMERSET 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 Erewash local authority area for the corresponding sale date. Both of the two 21 SOMERSET 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
2018 8 JUN	£280,000	£236,347	18% above HPI
1999 19 FEB	£88,000	£70,378	25% above HPI

21 SOMERSET CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 21 SOMERSET CLOSE sales from February 1999 and June 2018 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 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 21 SOMERSET CLOSE be worth now?

21 SOMERSET CLOSE might now be worth an estimated £377,922.

This is based on house price inflation of 35%, between June 2018 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35% inflationary increase is applied to the most recent sale price for 21 SOMERSET CLOSE of £280,000 on 8th June 2018. For the value to have increased from £280,000 to £377,922 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 21 SOMERSET CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The June 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 21 SOMERSET CLOSE has not materially changed since June 2018.

How Large is 21 SOMERSET CLOSE?

21 SOMERSET CLOSE is 116m² according to the EPC inspection conducted in January 2018. This puts it in the largest 40% of detached houses houses in Long Eaton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Eaton, and where 21 SOMERSET CLOSE lies on this distribution: 67% of detached houses houses are smaller than 21 SOMERSET CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.

21 SOMERSET CLOSE: Plot and Title Map

21 SOMERSET CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 21 SOMERSET 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 21 SOMERSET 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 21 SOMERSET CLOSE?

21 SOMERSET CLOSE is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 21 on SOMERSET CLOSE.