5, GRAYSTONES CLOSE, WEST BRIDGFORD, NOTTINGHAM, NG2 6QU - £367,250

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 GRAYSTONES CLOSE is a large detached house of 143m², built sometime between 1983 and 1990, which could now be worth an estimated £447,737. It was last sold for £367,250 in June 2021, which was around 10% below the average June 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

5 GRAYSTONES CLOSE Sold Prices

Land registry data shows three sales for 5 GRAYSTONES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 5 GRAYSTONES 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 29 JUN	£367,250	£410,315	10% below HPI
2012 4 JUL	£234,500	£279,597	16% below HPI
1997 3 OCT	£99,250	£103,605	4% below HPI

5 GRAYSTONES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 5 GRAYSTONES CLOSE sales between October 1997 and June 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 July 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 GRAYSTONES CLOSE be worth now?

5 GRAYSTONES CLOSE might now be worth an estimated £447,737.

This is based on house price inflation of 21.9%, between June 2021 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.9% inflationary increase is applied to the most recent sale price for 5 GRAYSTONES CLOSE of £367,250 on 29th June 2021. For the value to have increased from £367,250 to £447,737 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 5 GRAYSTONES CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The June 2021 sale price of £367,250 represented a fair market value for the property.
• The size, condition, and specification of 5 GRAYSTONES CLOSE has not materially changed since June 2021.

How Large is 5 GRAYSTONES CLOSE?

5 GRAYSTONES CLOSE is 143m² according to the EPC inspection conducted in November 2011. This puts it in the largest 40% of detached houses houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bridgford, and where 5 GRAYSTONES CLOSE lies on this distribution: 69% of detached houses houses are smaller than 5 GRAYSTONES CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

5 GRAYSTONES CLOSE: Plot and Title Map

5 GRAYSTONES CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 5 GRAYSTONES 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 GRAYSTONES 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 GRAYSTONES CLOSE?

5 GRAYSTONES CLOSE is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 5 on GRAYSTONES CLOSE.