3, TEALBY CLOSE, NOTTINGHAM, NG6 7FY - £116,000

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 TEALBY CLOSE is a very small semi-detached house of 46m², built sometime between 1983 and 1990, which could now be worth an estimated £185,515. It was last sold for £116,000 in January 2017, which was around 14% below the average January 2017 semi-detached price in the City of Nottingham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

3 TEALBY CLOSE Sold Prices

Land registry data shows three sales for 3 TEALBY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the City of Nottingham local authority area for the corresponding sale date. All of the three 3 TEALBY 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
2017 6 JAN	£116,000	£134,748	14% below HPI
2008 11 DEC	£80,000	£104,450	23% below HPI
1999 5 NOV	£39,500	£47,150	16% below HPI

3 TEALBY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 3 TEALBY CLOSE sales between November 1999 and January 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 December 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 TEALBY CLOSE be worth now?

3 TEALBY CLOSE might now be worth an estimated £185,515.

This is based on house price inflation of 59.9%, between January 2017 and February 2025, for semi-detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.9% inflationary increase is applied to the most recent sale price for 3 TEALBY CLOSE of £116,000 on 6th January 2017. For the value to have increased from £116,000 to £185,515 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 TEALBY CLOSE has moved in line with the HPI for semi-detached houses in the City of Nottingham local authority area.
• The January 2017 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 3 TEALBY CLOSE has not materially changed since January 2017.

How Large is 3 TEALBY CLOSE?

3 TEALBY CLOSE is 46m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of semi-detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nottingham, and where 3 TEALBY CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 3 TEALBY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

3 TEALBY CLOSE: Plot and Title Map

3 TEALBY CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 3 TEALBY 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 TEALBY 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 TEALBY CLOSE?

3 TEALBY CLOSE is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 3 on TEALBY CLOSE.