23, SPEEDWAY CLOSE, LONG EATON, NOTTINGHAM, NG10 2GL - £237,000

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

23 SPEEDWAY CLOSE is a very small semi-detached house of 77m², built sometime from 2012 onwards, which could now be worth an estimated £245,335. It was last sold for £237,000 in August 2024, which was around 15% above the average August 2024 semi-detached price in the Erewash local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was A.

23 SPEEDWAY CLOSE Sold Prices

Land registry data shows four sales for 23 SPEEDWAY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. All of the four 23 SPEEDWAY 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 28 AUG	£237,000	£206,717	15% above HPI
2017 14 JUL	£181,000	£148,675	22% above HPI
2017 10 FEB	£190,000	£140,360	35% above HPI
2013 26 MAR	£165,000	£109,400	51% above HPI

23 SPEEDWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Erewash local authority area over time, sourced from the HPI. The four 23 SPEEDWAY CLOSE sales between March 2013 and August 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 July 2017 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2024 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 23 SPEEDWAY CLOSE be worth now?

23 SPEEDWAY CLOSE might now be worth an estimated £245,335.

This is based on house price inflation of 3.5%, between August 2024 and December 2024, for semi-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 3.5% inflationary increase is applied to the most recent sale price for 23 SPEEDWAY CLOSE of £237,000 on 28th August 2024. For the value to have increased from £237,000 to £245,335 over the eight months to December 2024, the following assumptions must hold true:

• The value of 23 SPEEDWAY CLOSE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The August 2024 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SPEEDWAY CLOSE has not materially changed since August 2024.

How Large is 23 SPEEDWAY CLOSE?

23 SPEEDWAY CLOSE is 77m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of semi-detached houses houses in Long Eaton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Long Eaton, and where 23 SPEEDWAY CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 23 SPEEDWAY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.

23 SPEEDWAY CLOSE: Plot and Title Map

23 SPEEDWAY CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 23 SPEEDWAY 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 SPEEDWAY 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 SPEEDWAY CLOSE?

23 SPEEDWAY CLOSE is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 23 on SPEEDWAY CLOSE.