3, ROSS CLOSE, LOWDHAM, NOTTINGHAM, NG14 7WG - £297,500

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 ROSS CLOSE is a midsized detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £408,080. It was last sold for £297,500 in October 2016, which was around 16% above the average October 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

3 ROSS CLOSE Sold Prices

Land registry data shows two sales for 3 ROSS 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 Newark and Sherwood local authority area for the corresponding sale date. Both of the two 3 ROSS CLOSE sales were for above 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
2016 14 OCT	£297,500	£256,611	16% above HPI
2007 15 MAR	£277,000	£222,837	24% above HPI

3 ROSS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 3 ROSS CLOSE sales from March 2007 and October 2016 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 March 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 3 ROSS CLOSE be worth now?

3 ROSS CLOSE might now be worth an estimated £408,080.

This is based on house price inflation of 37.2%, between October 2016 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.2% inflationary increase is applied to the most recent sale price for 3 ROSS CLOSE of £297,500 on 14th October 2016. For the value to have increased from £297,500 to £408,080 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 ROSS CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2016 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 3 ROSS CLOSE has not materially changed since October 2016.

How Large is 3 ROSS CLOSE?

3 ROSS CLOSE is 117m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowdham, and where 3 ROSS CLOSE lies on this distribution: 46% of detached houses houses are smaller than 3 ROSS CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

3 ROSS CLOSE: Plot and Title Map

3 ROSS CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 3 ROSS 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 ROSS 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 ROSS CLOSE?

3 ROSS CLOSE is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 3 on ROSS CLOSE.