5, REARSBY CLOSE, NOTTINGHAM, NG8 4GH - £137,000

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 REARSBY CLOSE is a very small detached house of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £271,091. It was last sold for £137,000 in June 2012, which was around 16% below the average June 2012 detached price in the City of Nottingham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was B, and the potential energy rating was B.

5 REARSBY CLOSE Sold Prices

Land registry data shows three sales for 5 REARSBY 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 City of Nottingham local authority area for the corresponding sale date. All of the three 5 REARSBY 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
2012 8 JUN	£137,000	£163,723	16% below HPI
2006 17 FEB	£137,950	£177,261	22% below HPI
1998 29 OCT	£58,000	£74,154	22% below HPI

5 REARSBY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 5 REARSBY CLOSE sales between October 1998 and June 2012 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 February 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2012 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 REARSBY CLOSE be worth now?

5 REARSBY CLOSE might now be worth an estimated £271,091.

This is based on house price inflation of 97.9%, between June 2012 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 97.9% inflationary increase is applied to the most recent sale price for 5 REARSBY CLOSE of £137,000 on 8th June 2012. For the value to have increased from £137,000 to £271,091 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 5 REARSBY CLOSE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The June 2012 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 5 REARSBY CLOSE has not materially changed since June 2012.

How Large is 5 REARSBY CLOSE?

5 REARSBY CLOSE is 66m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 5 REARSBY CLOSE lies on this distribution: 8% of detached houses houses are smaller than 5 REARSBY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

5 REARSBY CLOSE: Plot and Title Map

5 REARSBY CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 5 REARSBY 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 REARSBY 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 REARSBY CLOSE?

5 REARSBY CLOSE is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 5 on REARSBY CLOSE.