24, GRESHAM CLOSE, WEST BRIDGFORD, NOTTINGHAM, NG2 7RQ - £272,000

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.

24 GRESHAM CLOSE is a midsized detached house of 112m², built sometime between 1991 and 1995, which could now be worth an estimated £483,932. It was last sold for £272,000 in September 2012, which was around 3% below the average September 2012 detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

24 GRESHAM CLOSE Sold Prices

Land registry data shows two sales for 24 GRESHAM 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 Rushcliffe local authority area for the corresponding sale date. Both of the two 24 GRESHAM 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
2012 14 SEP	£272,000	£281,166	3% below HPI
2011 24 NOV	£202,500	£273,404	26% below HPI

24 GRESHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 24 GRESHAM CLOSE sales from November 2011 and September 2012 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 November 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2012 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 24 GRESHAM CLOSE be worth now?

24 GRESHAM CLOSE might now be worth an estimated £483,932.

This is based on house price inflation of 77.9%, between September 2012 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.9% inflationary increase is applied to the most recent sale price for 24 GRESHAM CLOSE of £272,000 on 14th September 2012. For the value to have increased from £272,000 to £483,932 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 GRESHAM CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The September 2012 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GRESHAM CLOSE has not materially changed since September 2012.

How Large is 24 GRESHAM CLOSE?

24 GRESHAM CLOSE is 112m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 50% of detached houses houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bridgford, and where 24 GRESHAM CLOSE lies on this distribution: 41% of detached houses houses are smaller than 24 GRESHAM CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

24 GRESHAM CLOSE: Plot and Title Map

24 GRESHAM CLOSE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 24 GRESHAM 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 GRESHAM 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 GRESHAM CLOSE?

24 GRESHAM CLOSE is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 24 on GRESHAM CLOSE.