4, PENDINE CLOSE, REDHILL, NOTTINGHAM, NG5 8NS - £538,000

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 PENDINE CLOSE is a large extended detached house of 142m², built sometime between 1967 and 1975, which could now be worth an estimated £580,108. It was last sold for £538,000 in May 2023, which was around 55% above the average May 2023 detached price in the Gedling local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

4 PENDINE CLOSE Sold Prices

Land registry data shows two sales for 4 PENDINE 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 Gedling local authority area for the corresponding sale date. Both of the two 4 PENDINE 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
2023 30 MAY	£538,000	£346,787	55% above HPI
2011 6 MAY	£270,000	£186,459	45% above HPI

4 PENDINE 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 two 4 PENDINE CLOSE sales from May 2011 and May 2023 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 May 2011 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the May 2023 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 4 PENDINE CLOSE be worth now?

4 PENDINE CLOSE might now be worth an estimated £580,108.

This is based on house price inflation of 7.8%, between May 2023 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 7.8% inflationary increase is applied to the most recent sale price for 4 PENDINE CLOSE of £538,000 on 30th May 2023. For the value to have increased from £538,000 to £580,108 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 4 PENDINE CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The May 2023 sale price of £538,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PENDINE CLOSE has not materially changed since May 2023.

How Large is 4 PENDINE CLOSE?

4 PENDINE CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 30% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 4 PENDINE CLOSE lies on this distribution: 79% of detached houses houses are smaller than 4 PENDINE CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Arnold.

4 PENDINE CLOSE: Plot and Title Map

4 PENDINE CLOSE sits on a plot of roughly 0.291 of an acre, or 1,179m². The below map shows the location of 4 PENDINE 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 PENDINE 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 PENDINE CLOSE?

4 PENDINE CLOSE is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 4 on PENDINE CLOSE.