3, BROOMFIELD CLOSE, SANDIACRE, NOTTINGHAM, NG10 5GQ - £190,000

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.

3 BROOMFIELD CLOSE is a very small detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £222,562. It was last sold for £190,000 in February 2021, which was around 30% below the average February 2021 detached price in the Erewash local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

3 BROOMFIELD CLOSE Sold Prices

Land registry data shows three sales for 3 BROOMFIELD 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 Erewash local authority area for the corresponding sale date. All of the three 3 BROOMFIELD 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
2021 22 FEB	£190,000	£272,331	30% below HPI
2014 31 JUL	£140,000	£193,645	28% below HPI
2006 7 NOV	£125,000	£187,399	33% below HPI

3 BROOMFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 3 BROOMFIELD CLOSE sales between November 2006 and February 2021 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 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 BROOMFIELD CLOSE be worth now?

3 BROOMFIELD CLOSE might now be worth an estimated £222,562.

This is based on house price inflation of 17.1%, between February 2021 and February 2025, for 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 17.1% inflationary increase is applied to the most recent sale price for 3 BROOMFIELD CLOSE of £190,000 on 22nd February 2021. For the value to have increased from £190,000 to £222,562 over the four years to February 2025, the following assumptions must hold true:

• The value of 3 BROOMFIELD CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2021 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BROOMFIELD CLOSE has not materially changed since February 2021.

How Large is 3 BROOMFIELD CLOSE?

3 BROOMFIELD CLOSE is 56m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandiacre, and where 3 BROOMFIELD CLOSE lies on this distribution: 1% of detached houses houses are smaller than 3 BROOMFIELD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

3 BROOMFIELD CLOSE: Plot and Title Map

3 BROOMFIELD CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 3 BROOMFIELD 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 3 BROOMFIELD 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 3 BROOMFIELD CLOSE?

3 BROOMFIELD CLOSE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 3 on BROOMFIELD CLOSE.