4, BALMORAL CLOSE, SANDIACRE, NOTTINGHAM, NG10 5LF - £251,500

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.

4 BALMORAL CLOSE is a very small detached house of 53m², built sometime between 1976 and 1982, which could now be worth an estimated £253,071. It was last sold for £251,500 in October 2024, which was around 21% below the average October 2024 detached price in the Erewash local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

4 BALMORAL CLOSE Sold Prices

Land registry data shows two sales for 4 BALMORAL 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 Erewash local authority area for the corresponding sale date. Both of the two 4 BALMORAL 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 4 OCT	£251,500	£317,023	21% below HPI
2007 30 APR	£148,000	£187,549	21% below HPI

4 BALMORAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 4 BALMORAL CLOSE sales from April 2007 and October 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 April 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2024 sale, which was also at 21% below the HPI.

What might 4 BALMORAL CLOSE be worth now?

4 BALMORAL CLOSE might now be worth an estimated £253,071.

This is based on house price inflation of 0.6%, between October 2024 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.6% inflationary increase is applied to the most recent sale price for 4 BALMORAL CLOSE of £251,500 on 4th October 2024. For the value to have increased from £251,500 to £253,071 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 4 BALMORAL CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The October 2024 sale price of £251,500 represented a fair market value for the property.
• The size, condition, and specification of 4 BALMORAL CLOSE has not materially changed since October 2024.

How Large is 4 BALMORAL CLOSE?

4 BALMORAL CLOSE is 53m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandiacre, and where 4 BALMORAL CLOSE lies on this distribution: 1% of detached houses houses are smaller than 4 BALMORAL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

4 BALMORAL CLOSE: Plot and Title Map

4 BALMORAL CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 4 BALMORAL 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 4 BALMORAL 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 4 BALMORAL CLOSE?

4 BALMORAL CLOSE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 4 on BALMORAL CLOSE.