4, RATHMINES CLOSE, NOTTINGHAM, NG7 2LS - £232,000

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 RATHMINES CLOSE is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £275,356. It was last sold for £232,000 in April 2021, which was around 15% below the average April 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

4 RATHMINES CLOSE Sold Prices

Land registry data shows two sales for 4 RATHMINES 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 City of Nottingham local authority area for the corresponding sale date. Both of the two 4 RATHMINES 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
2021 20 APR	£232,000	£272,960	15% below HPI
2015 12 MAR	£162,500	£184,632	12% below HPI

4 RATHMINES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 4 RATHMINES CLOSE sales from March 2015 and April 2021 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 March 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 4 RATHMINES CLOSE be worth now?

4 RATHMINES CLOSE might now be worth an estimated £275,356.

This is based on house price inflation of 18.7%, between April 2021 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.7% inflationary increase is applied to the most recent sale price for 4 RATHMINES CLOSE of £232,000 on 20th April 2021. For the value to have increased from £232,000 to £275,356 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 4 RATHMINES CLOSE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The April 2021 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RATHMINES CLOSE has not materially changed since April 2021.

How Large is 4 RATHMINES CLOSE?

4 RATHMINES CLOSE is 78m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 4 RATHMINES CLOSE lies on this distribution: 18% of detached houses houses are smaller than 4 RATHMINES CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

4 RATHMINES CLOSE: Plot and Title Map

4 RATHMINES CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 4 RATHMINES 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 RATHMINES 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 RATHMINES CLOSE?

4 RATHMINES CLOSE is located in NOTTINGHAM, in the NG7 postcode district. The below map shows the position of No. 4 on RATHMINES CLOSE.