5, MARTINDALE CLOSE, GAMSTON, NOTTINGHAM, NG2 6PN - £480,000

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 MARTINDALE CLOSE is a very large extended detached house of 164m², built sometime between 1991 and 1995, which could now be worth an estimated £636,578. It was last sold for £480,000 in December 2018, which was around 27% above the average December 2018 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

5 MARTINDALE CLOSE Sold Prices

Land registry data shows two sales for 5 MARTINDALE 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 Rushcliffe local authority area for the corresponding sale date. Both of the two 5 MARTINDALE CLOSE sales were 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
2018 6 DEC	£480,000	£377,197	27% above HPI
2000 31 MAR	£143,500	£131,690	9% above HPI

5 MARTINDALE 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 two 5 MARTINDALE CLOSE sales from March 2000 and December 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 March 2000 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2018 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 5 MARTINDALE CLOSE be worth now?

5 MARTINDALE CLOSE might now be worth an estimated £636,578.

This is based on house price inflation of 32.6%, between December 2018 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 32.6% inflationary increase is applied to the most recent sale price for 5 MARTINDALE CLOSE of £480,000 on 6th December 2018. For the value to have increased from £480,000 to £636,578 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 MARTINDALE CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The December 2018 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MARTINDALE CLOSE has not materially changed since December 2018.

How Large is 5 MARTINDALE CLOSE?

5 MARTINDALE CLOSE is 164m², which includes three extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses houses in Gamston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gamston, and where 5 MARTINDALE CLOSE lies on this distribution: 82% of detached houses houses are smaller than 5 MARTINDALE CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Gamston.

5 MARTINDALE CLOSE: Plot and Title Map

5 MARTINDALE CLOSE sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 5 MARTINDALE 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 MARTINDALE 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 MARTINDALE CLOSE?

5 MARTINDALE CLOSE is located in GAMSTON, in the NG2 postcode district. The below map shows the position of No. 5 on MARTINDALE CLOSE.