5, METEOR CLOSE, NEWTON, NOTTINGHAM, NG13 8ZL - £403,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 METEOR CLOSE is a midsized extended detached house of 136m², built sometime between 2003 and 2006, which could now be worth an estimated £431,811. It was last sold for £403,000 in September 2023, which was around 14% below the average September 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

5 METEOR CLOSE Sold Prices

Land registry data shows three sales for 5 METEOR 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 METEOR 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
2023 7 SEP	£403,000	£466,863	14% below HPI
2018 10 JUL	£298,500	£369,907	19% below HPI
2012 12 OCT	£237,496	£275,968	14% below HPI

5 METEOR 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 METEOR CLOSE sales between October 2012 and September 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 July 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 METEOR CLOSE be worth now?

5 METEOR CLOSE might now be worth an estimated £431,811.

This is based on house price inflation of 7.1%, between September 2023 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 7.1% inflationary increase is applied to the most recent sale price for 5 METEOR CLOSE of £403,000 on 7th September 2023. For the value to have increased from £403,000 to £431,811 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 METEOR CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The September 2023 sale price of £403,000 represented a fair market value for the property.
• The size, condition, and specification of 5 METEOR CLOSE has not materially changed since September 2023.

How Large is 5 METEOR CLOSE?

5 METEOR CLOSE is 136m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of detached houses houses in Newton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton, and where 5 METEOR CLOSE lies on this distribution: 52% of detached houses houses are smaller than 5 METEOR CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Newton.

5 METEOR CLOSE: Plot and Title Map

5 METEOR CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 5 METEOR 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 METEOR 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 METEOR CLOSE?

5 METEOR CLOSE is located in NEWTON, in the NG13 postcode district. The below map shows the position of No. 5 on METEOR CLOSE.