23, TIREE CLOSE, TROWELL, NOTTINGHAM, NG9 3RG - £173,000

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 TIREE CLOSE is a large extended detached house of 110m², built sometime between 1991 and 1995, which could now be worth an estimated £337,569. It was last sold for £173,000 in November 2009, which was around 7% below the average November 2009 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

23 TIREE CLOSE Sold Prices

Land registry data shows four sales for 23 TIREE 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 Broxtowe local authority area for the corresponding sale date. All of the four 23 TIREE 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
2009 6 NOV	£173,000	£185,142	7% below HPI
2007 24 APR	£195,000	£202,262	4% below HPI
2006 17 MAR	£145,000	£197,633	27% below HPI
1997 25 JUL	£64,000	£74,164	14% below HPI

23 TIREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The four 23 TIREE CLOSE sales between July 1997 and November 2009 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 April 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2009 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 23 TIREE CLOSE be worth now?

23 TIREE CLOSE might now be worth an estimated £337,569.

This is based on house price inflation of 95.1%, between November 2009 and March 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 95.1% inflationary increase is applied to the most recent sale price for 23 TIREE CLOSE of £173,000 on 6th November 2009. For the value to have increased from £173,000 to £337,569 over the sixteen years and eight months to March 2025, the following assumptions must hold true:

• The value of 23 TIREE CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The November 2009 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 23 TIREE CLOSE has not materially changed since November 2009.

How Large is 23 TIREE CLOSE?

23 TIREE CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 30% of detached houses houses in Trowell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trowell, and where 23 TIREE CLOSE lies on this distribution: 76% of detached houses houses are smaller than 23 TIREE CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Trowell.

23 TIREE CLOSE: Plot and Title Map

23 TIREE CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 23 TIREE 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 TIREE 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 TIREE CLOSE?

23 TIREE CLOSE is located in TROWELL, in the NG9 postcode district. The below map shows the position of No. 23 on TIREE CLOSE.