3, FARM HOUSE CLOSE, BOTTESFORD, NOTTINGHAM, NG13 0AF - £192,000

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 FARM HOUSE CLOSE is a small detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £312,469. It was last sold for £192,000 in September 2011, which was around 22% below the average September 2011 detached price in the Melton local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

3 FARM HOUSE CLOSE Sold Prices

Land registry data shows four sales for 3 FARM HOUSE 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 Melton local authority area for the corresponding sale date. All of the four 3 FARM HOUSE 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
2011 2 SEP	£192,000	£245,521	22% below HPI
2007 10 AUG	£195,000	£273,638	29% below HPI
2002 13 AUG	£125,000	£164,208	24% below HPI
1999 31 AUG	£83,000	£104,288	20% below HPI

3 FARM HOUSE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The four 3 FARM HOUSE CLOSE sales between August 1999 and September 2011 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 August 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2011 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 FARM HOUSE CLOSE be worth now?

3 FARM HOUSE CLOSE might now be worth an estimated £312,469.

This is based on house price inflation of 62.7%, between September 2011 and February 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.7% inflationary increase is applied to the most recent sale price for 3 FARM HOUSE CLOSE of £192,000 on 2nd September 2011. For the value to have increased from £192,000 to £312,469 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 FARM HOUSE CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The September 2011 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FARM HOUSE CLOSE has not materially changed since September 2011.

How Large is 3 FARM HOUSE CLOSE?

3 FARM HOUSE CLOSE is 97m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% of detached houses houses in Bottesford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bottesford, and where 3 FARM HOUSE CLOSE lies on this distribution: 34% of detached houses houses are smaller than 3 FARM HOUSE CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bottesford.

3 FARM HOUSE CLOSE: Plot and Title Map

3 FARM HOUSE CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 3 FARM HOUSE 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 FARM HOUSE 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 FARM HOUSE CLOSE?

3 FARM HOUSE CLOSE is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 3 on FARM HOUSE CLOSE.