5, PARKER CLOSE, ARNOLD, NOTTINGHAM, NG5 8AP - £300,000

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 PARKER CLOSE is a large extended detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £443,464. It was last sold for £300,000 in January 2018, which was around 19% above the average January 2018 detached price in the Gedling local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

5 PARKER CLOSE Sold Prices

Land registry data shows two sales for 5 PARKER 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 5 PARKER CLOSE sales was for above the average price, whilst the other was 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 25 JAN	£300,000	£252,960	19% above HPI
2016 2 DEC	£120,000	£238,548	50% below HPI

5 PARKER 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 5 PARKER CLOSE sales from December 2016 and January 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 December 2016 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the January 2018 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 5 PARKER CLOSE be worth now?

5 PARKER CLOSE might now be worth an estimated £443,464.

This is based on house price inflation of 47.8%, between January 2018 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 47.8% inflationary increase is applied to the most recent sale price for 5 PARKER CLOSE of £300,000 on 25th January 2018. For the value to have increased from £300,000 to £443,464 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 PARKER CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The January 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARKER CLOSE has not materially changed since January 2018.

How Large is 5 PARKER CLOSE?

5 PARKER CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 5 PARKER CLOSE lies on this distribution: 71% of detached houses houses are smaller than 5 PARKER CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Arnold.

5 PARKER CLOSE: Plot and Title Map

5 PARKER CLOSE sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 5 PARKER 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 PARKER 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 PARKER CLOSE?

5 PARKER CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 5 on PARKER CLOSE.