24, BROOK CLOSE, NEWTHORPE, NOTTINGHAM, NG16 2DU - £175,000

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

24 BROOK CLOSE is a very small detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £232,133. It was last sold for £175,000 in January 2020, which was around 34% below the average January 2020 detached price in the Broxtowe local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

24 BROOK CLOSE Sold Prices

Land registry data shows three sales for 24 BROOK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 24 BROOK 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
2020 14 JAN	£175,000	£264,599	34% below HPI
2001 25 JUL	£80,000	£106,377	25% below HPI
1999 5 NOV	£67,500	£86,693	22% below HPI

24 BROOK 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 three 24 BROOK CLOSE sales between November 1999 and January 2020 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 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 24 BROOK CLOSE be worth now?

24 BROOK CLOSE might now be worth an estimated £232,133.

This is based on house price inflation of 32.6%, between January 2020 and December 2024, 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 32.6% inflationary increase is applied to the most recent sale price for 24 BROOK CLOSE of £175,000 on 14th January 2020. For the value to have increased from £175,000 to £232,133 over the three years and one month to December 2024, the following assumptions must hold true:

• The value of 24 BROOK CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The January 2020 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 24 BROOK CLOSE has not materially changed since January 2020.

How Large is 24 BROOK CLOSE?

24 BROOK CLOSE is 66m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastwood, and where 24 BROOK CLOSE lies on this distribution: 16% of detached houses houses are smaller than 24 BROOK CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

24 BROOK CLOSE: Plot and Title Map

24 BROOK CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 24 BROOK 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 24 BROOK 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 24 BROOK CLOSE?

24 BROOK CLOSE is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 24 on BROOK CLOSE.