38, PADDOCK CLOSE, CALVERTON, NOTTINGHAM, NG14 6GJ - £285,000

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.

38 PADDOCK CLOSE is a small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £306,098. It was last sold for £285,000 in April 2024, which was around 18% below the average April 2024 detached price in the Gedling local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

38 PADDOCK CLOSE Sold Prices

Land registry data shows four sales for 38 PADDOCK 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 Gedling local authority area for the corresponding sale date. All of the four 38 PADDOCK 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
2024 12 APR	£285,000	£348,156	18% below HPI
2019 7 JUN	£260,000	£267,644	3% below HPI
2011 22 JUL	£165,000	£187,867	12% below HPI
2000 11 AUG	£82,000	£98,682	17% below HPI

38 PADDOCK 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 four 38 PADDOCK CLOSE sales between August 2000 and April 2024 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 June 2019 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 38 PADDOCK CLOSE be worth now?

38 PADDOCK CLOSE might now be worth an estimated £306,098.

This is based on house price inflation of 7.4%, between April 2024 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 7.4% inflationary increase is applied to the most recent sale price for 38 PADDOCK CLOSE of £285,000 on 12th April 2024. For the value to have increased from £285,000 to £306,098 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 38 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The April 2024 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PADDOCK CLOSE has not materially changed since April 2024.

How Large is 38 PADDOCK CLOSE?

38 PADDOCK CLOSE is 83m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses houses in Calverton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Calverton, and where 38 PADDOCK CLOSE lies on this distribution: 26% of detached houses houses are smaller than 38 PADDOCK CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Calverton.

38 PADDOCK CLOSE: Plot and Title Map

38 PADDOCK CLOSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 38 PADDOCK 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 38 PADDOCK 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 38 PADDOCK CLOSE?

38 PADDOCK CLOSE is located in CALVERTON, in the NG14 postcode district. The below map shows the position of No. 38 on PADDOCK CLOSE.