4, SALCOMBE CIRCUS, REDHILL, NOTTINGHAM, NG5 8JJ - £358,500

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 SALCOMBE CIRCUS is a very small extended detached house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £374,454. It was last sold for £358,500 in August 2023, which was about the average August 2023 detached price in the Gedling local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

4 SALCOMBE CIRCUS Sold Prices

Land registry data shows two sales for 4 SALCOMBE CIRCUS 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. One of the two 4 SALCOMBE CIRCUS sales was roughly equal to the average price, whilst the other was 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
2023 31 AUG	£358,500	£357,997	Close to HPI
2011 18 NOV	£170,000	£188,357	10% below HPI

4 SALCOMBE CIRCUS 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 SALCOMBE CIRCUS sales from November 2011 and August 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 November 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 SALCOMBE CIRCUS be worth now?

4 SALCOMBE CIRCUS might now be worth an estimated £374,454.

This is based on house price inflation of 4.5%, between August 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 4.5% inflationary increase is applied to the most recent sale price for 4 SALCOMBE CIRCUS of £358,500 on 31st August 2023. For the value to have increased from £358,500 to £374,454 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 4 SALCOMBE CIRCUS has moved in line with the HPI for detached houses in the Gedling local authority area.
• The August 2023 sale price of £358,500 represented a fair market value for the property.
• The size, condition, and specification of 4 SALCOMBE CIRCUS has not materially changed since August 2023.

How Large is 4 SALCOMBE CIRCUS?

4 SALCOMBE CIRCUS is 81m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% 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 SALCOMBE CIRCUS lies on this distribution: 16% of detached houses houses are smaller than 4 SALCOMBE CIRCUS, and 83% of houses are larger. Note that EPC data is not available for all properties in Arnold.

4 SALCOMBE CIRCUS: Plot and Title Map

4 SALCOMBE CIRCUS sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 4 SALCOMBE CIRCUS, 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 SALCOMBE CIRCUS). 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 SALCOMBE CIRCUS?

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