3, WOOD CLOSE, RUDDINGTON, NOTTINGHAM, NG11 6BP - £410,000

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 WOOD CLOSE is a large detached house of 137m², which could now be worth an estimated £550,182. It was last sold for £410,000 in February 2019, which was around 10% above the average February 2019 detached price in the Rushcliffe local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.

3 WOOD CLOSE Sold Prices

Land registry data shows two sales for 3 WOOD 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 Rushcliffe local authority area for the corresponding sale date. Both of the two 3 WOOD 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
2019 21 FEB	£410,000	£372,783	10% above HPI
2017 17 FEB	£389,995	£351,191	11% above HPI

3 WOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 3 WOOD CLOSE sales from February 2017 and February 2019 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 February 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 3 WOOD CLOSE be worth now?

3 WOOD CLOSE might now be worth an estimated £550,182.

This is based on house price inflation of 34.2%, between February 2019 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.2% inflationary increase is applied to the most recent sale price for 3 WOOD CLOSE of £410,000 on 21st February 2019. For the value to have increased from £410,000 to £550,182 over the six years to February 2025, the following assumptions must hold true:

• The value of 3 WOOD CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The February 2019 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WOOD CLOSE has not materially changed since February 2019.

How Large is 3 WOOD CLOSE?

3 WOOD CLOSE is 137m² according to the EPC inspection conducted in February 2017. This puts it in the largest 40% of detached houses houses in Ruddington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruddington, and where 3 WOOD CLOSE lies on this distribution: 61% of detached houses houses are smaller than 3 WOOD CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Ruddington.

3 WOOD CLOSE: Plot and Title Map

3 WOOD CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 3 WOOD 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 WOOD 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 WOOD CLOSE?

3 WOOD CLOSE is located in RUDDINGTON, in the NG11 postcode district. The below map shows the position of No. 3 on WOOD CLOSE.