5, GOWAN CLOSE, BEESTON, NOTTINGHAM, NG9 6NS - £252,000

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.

5 GOWAN CLOSE is a small detached house of 86m², built sometime between 2003 and 2006, which could now be worth an estimated £341,350. It was last sold for £252,000 in October 2018, which was around 4% below the average October 2018 detached price in the Broxtowe local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

5 GOWAN CLOSE Sold Prices

Land registry data shows two sales for 5 GOWAN 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 Broxtowe local authority area for the corresponding sale date. Both of the two 5 GOWAN 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
2018 26 OCT	£252,000	£262,730	4% below HPI
2004 8 APR	£176,950	£178,032	1% below HPI

5 GOWAN 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 two 5 GOWAN CLOSE sales from April 2004 and October 2018 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 April 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 GOWAN CLOSE be worth now?

5 GOWAN CLOSE might now be worth an estimated £341,350.

This is based on house price inflation of 35.5%, between October 2018 and February 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 35.5% inflationary increase is applied to the most recent sale price for 5 GOWAN CLOSE of £252,000 on 26th October 2018. For the value to have increased from £252,000 to £341,350 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 GOWAN CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The October 2018 sale price of £252,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GOWAN CLOSE has not materially changed since October 2018.

How Large is 5 GOWAN CLOSE?

5 GOWAN CLOSE is 86m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of detached houses houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beeston, and where 5 GOWAN CLOSE lies on this distribution: 21% of detached houses houses are smaller than 5 GOWAN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Beeston.

5 GOWAN CLOSE: Plot and Title Map

5 GOWAN CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 5 GOWAN 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 5 GOWAN 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 5 GOWAN CLOSE?

5 GOWAN CLOSE is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 5 on GOWAN CLOSE.