4, SAPELE CLOSE, GEDLING, NOTTINGHAM, NG4 4AP - £220,000

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 SAPELE CLOSE is a very small detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £281,825. It was last sold for £220,000 in November 2020, which was around 25% below the average November 2020 detached price in the Gedling local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

4 SAPELE CLOSE Sold Prices

Land registry data shows two sales for 4 SAPELE 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. One of the two 4 SAPELE CLOSE sales was for below the average price, whilst the other was 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 NOV	£220,000	£291,899	25% below HPI
1998 26 JUN	£82,500	£80,614	2% above HPI

4 SAPELE 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 SAPELE CLOSE sales from June 1998 and November 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 June 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 SAPELE CLOSE be worth now?

4 SAPELE CLOSE might now be worth an estimated £281,825.

This is based on house price inflation of 28.1%, between November 2020 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 28.1% inflationary increase is applied to the most recent sale price for 4 SAPELE CLOSE of £220,000 on 13th November 2020. For the value to have increased from £220,000 to £281,825 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 SAPELE CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The November 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SAPELE CLOSE has not materially changed since November 2020.

How Large is 4 SAPELE CLOSE?

4 SAPELE CLOSE is 80m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses houses in Carlton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlton, and where 4 SAPELE CLOSE lies on this distribution: 19% of detached houses houses are smaller than 4 SAPELE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Carlton.

4 SAPELE CLOSE: Plot and Title Map

4 SAPELE CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 4 SAPELE 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 SAPELE 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 SAPELE CLOSE?

4 SAPELE CLOSE is located in GEDLING, in the NG4 postcode district. The below map shows the position of No. 4 on SAPELE CLOSE.