4, CHELSEA CLOSE, NUTHALL, NOTTINGHAM, NG16 1RL - £335,000

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.

4 CHELSEA CLOSE is a large extended detached house of 134m², built sometime between 1991 and 1995, which could now be worth an estimated £434,623. It was last sold for £335,000 in August 2020, which was around 20% above the average August 2020 detached price in the Broxtowe local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

4 CHELSEA CLOSE Sold Prices

Land registry data shows three sales for 4 CHELSEA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 4 CHELSEA 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
2020 13 AUG	£335,000	£278,454	20% above HPI
1996 9 AUG	£93,000	£69,251	34% above HPI
1995 3 FEB	£98,000	£67,709	45% above HPI

4 CHELSEA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 4 CHELSEA CLOSE sales between February 1995 and August 2020 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 August 1996 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2020 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 4 CHELSEA CLOSE be worth now?

4 CHELSEA CLOSE might now be worth an estimated £434,623.

This is based on house price inflation of 29.7%, between August 2020 and March 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.7% inflationary increase is applied to the most recent sale price for 4 CHELSEA CLOSE of £335,000 on 13th August 2020. For the value to have increased from £335,000 to £434,623 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of 4 CHELSEA CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The August 2020 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHELSEA CLOSE has not materially changed since August 2020.

How Large is 4 CHELSEA CLOSE?

4 CHELSEA CLOSE is 134m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses houses in Nuthall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nuthall, and where 4 CHELSEA CLOSE lies on this distribution: 73% of detached houses houses are smaller than 4 CHELSEA CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Nuthall.

4 CHELSEA CLOSE: Plot and Title Map

4 CHELSEA CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 4 CHELSEA 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 CHELSEA 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 CHELSEA CLOSE?

4 CHELSEA CLOSE is located in NUTHALL, in the NG16 postcode district. The below map shows the position of No. 4 on CHELSEA CLOSE.