3, CARRADALE CLOSE, ARNOLD, NOTTINGHAM, NG5 8RJ - £245,000

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 CARRADALE CLOSE is a very small extended detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £390,516. It was last sold for £245,000 in March 2017, which was around 4% above the average March 2017 detached price in the Gedling local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

3 CARRADALE CLOSE Sold Prices

Land registry data shows three sales for 3 CARRADALE 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 Gedling local authority area for the corresponding sale date. Two of the three 3 CARRADALE CLOSE sales were for above the average price, whilst one was 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
2017 13 MAR	£245,000	£234,594	4% above HPI
2014 9 JAN	£207,000	£197,429	5% above HPI
1996 14 JUN	£58,000	£70,552	18% below HPI

3 CARRADALE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 3 CARRADALE CLOSE sales between June 1996 and March 2017 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 January 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2017 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 CARRADALE CLOSE be worth now?

3 CARRADALE CLOSE might now be worth an estimated £390,516.

This is based on house price inflation of 59.4%, between March 2017 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.4% inflationary increase is applied to the most recent sale price for 3 CARRADALE CLOSE of £245,000 on 13th March 2017. For the value to have increased from £245,000 to £390,516 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 3 CARRADALE CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The March 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CARRADALE CLOSE has not materially changed since March 2017.

How Large is 3 CARRADALE CLOSE?

3 CARRADALE CLOSE is 76m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 3 CARRADALE CLOSE lies on this distribution: 12% of detached houses houses are smaller than 3 CARRADALE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Arnold.

3 CARRADALE CLOSE: Plot and Title Map

3 CARRADALE CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 3 CARRADALE 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 CARRADALE 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 CARRADALE CLOSE?

3 CARRADALE CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 3 on CARRADALE CLOSE.