23, PLAINS FARM CLOSE, NOTTINGHAM, NG3 5RE - £295,000

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.

23 PLAINS FARM CLOSE is a very large detached house of 157m², built sometime between 1976 and 1982, which could now be worth an estimated £581,679. It was last sold for £295,000 in February 2011, which was around 56% above the average February 2011 detached price in the Gedling local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

23 PLAINS FARM CLOSE Sold Prices

Land registry data shows two sales for 23 PLAINS FARM 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 23 PLAINS FARM 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
2011 28 FEB	£295,000	£189,639	56% above HPI
2007 23 AUG	£290,000	£206,408	40% above HPI

23 PLAINS FARM 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 23 PLAINS FARM CLOSE sales from August 2007 and February 2011 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 August 2007 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the February 2011 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 23 PLAINS FARM CLOSE be worth now?

23 PLAINS FARM CLOSE might now be worth an estimated £581,679.

This is based on house price inflation of 97.2%, between February 2011 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 97.2% inflationary increase is applied to the most recent sale price for 23 PLAINS FARM CLOSE of £295,000 on 28th February 2011. For the value to have increased from £295,000 to £581,679 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 23 PLAINS FARM CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The February 2011 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 23 PLAINS FARM CLOSE has not materially changed since February 2011.

How Large is 23 PLAINS FARM CLOSE?

23 PLAINS FARM CLOSE is 157m² according to the EPC inspection conducted in April 2010. This puts it in the largest 20% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 23 PLAINS FARM CLOSE lies on this distribution: 86% of detached houses houses are smaller than 23 PLAINS FARM CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Arnold.

23 PLAINS FARM CLOSE: Plot and Title Map

23 PLAINS FARM CLOSE sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of 23 PLAINS FARM 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 23 PLAINS FARM 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 23 PLAINS FARM CLOSE?

23 PLAINS FARM CLOSE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 23 on PLAINS FARM CLOSE.