5, SMITHS CLOSE, CROPWELL BISHOP, NOTTINGHAM, NG12 3DU - £175,000

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 SMITHS CLOSE is a very small semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £264,035. It was last sold for £175,000 in December 2015, which was around 15% below the average December 2015 semi-detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

5 SMITHS CLOSE Sold Prices

Land registry data shows four sales for 5 SMITHS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 5 SMITHS 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
2015 11 DEC	£175,000	£206,247	15% below HPI
2006 21 JUL	£146,500	£174,206	16% below HPI
2002 8 MAR	£89,450	£100,082	11% below HPI
1997 23 MAY	£44,750	£57,564	22% below HPI

5 SMITHS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 5 SMITHS CLOSE sales between May 1997 and December 2015 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 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 SMITHS CLOSE be worth now?

5 SMITHS CLOSE might now be worth an estimated £264,035.

This is based on house price inflation of 50.9%, between December 2015 and February 2025, for semi-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 50.9% inflationary increase is applied to the most recent sale price for 5 SMITHS CLOSE of £175,000 on 11th December 2015. For the value to have increased from £175,000 to £264,035 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 SMITHS CLOSE has moved in line with the HPI for semi-detached houses in the Rushcliffe local authority area.
• The December 2015 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SMITHS CLOSE has not materially changed since December 2015.

How Large is 5 SMITHS CLOSE?

5 SMITHS CLOSE is 72m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of semi-detached houses houses in Cropwell Bishop, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cropwell Bishop, and where 5 SMITHS CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 5 SMITHS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cropwell Bishop.

5 SMITHS CLOSE: Plot and Title Map

5 SMITHS CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 5 SMITHS 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 SMITHS 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 SMITHS CLOSE?

5 SMITHS CLOSE is located in CROPWELL BISHOP, in the NG12 postcode district. The below map shows the position of No. 5 on SMITHS CLOSE.