5, SHERINGHAM CLOSE, ARNOLD, NOTTINGHAM, NG5 6PY - £186,500

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 SHERINGHAM CLOSE is a very small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £354,487. It was last sold for £186,500 in June 2014, which was around 5% below the average June 2014 detached price in the Gedling local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

5 SHERINGHAM CLOSE Sold Prices

Land registry data shows three sales for 5 SHERINGHAM 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 Gedling local authority area for the corresponding sale date. All of the three 5 SHERINGHAM 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
2014 20 JUN	£186,500	£196,999	5% below HPI
2013 14 JUN	£173,000	£192,490	10% below HPI
1998 22 MAY	£79,000	£80,981	2% below HPI

5 SHERINGHAM 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 three 5 SHERINGHAM CLOSE sales between May 1998 and June 2014 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 June 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2014 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 5 SHERINGHAM CLOSE be worth now?

5 SHERINGHAM CLOSE might now be worth an estimated £354,487.

This is based on house price inflation of 90.1%, between June 2014 and December 2024, 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 90.1% inflationary increase is applied to the most recent sale price for 5 SHERINGHAM CLOSE of £186,500 on 20th June 2014. For the value to have increased from £186,500 to £354,487 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 5 SHERINGHAM CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The June 2014 sale price of £186,500 represented a fair market value for the property.
• The size, condition, and specification of 5 SHERINGHAM CLOSE has not materially changed since June 2014.

How Large is 5 SHERINGHAM CLOSE?

5 SHERINGHAM CLOSE is 83m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% 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 SHERINGHAM CLOSE lies on this distribution: 18% of detached houses houses are smaller than 5 SHERINGHAM CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Arnold.

5 SHERINGHAM CLOSE: Plot and Title Map

5 SHERINGHAM CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 5 SHERINGHAM 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 SHERINGHAM 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 SHERINGHAM CLOSE?

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