5, WATERSIDE CLOSE, SANDIACRE, NOTTINGHAM, NG10 5PW - £225,000

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 WATERSIDE CLOSE is a small detached house of 84m², which could now be worth an estimated £295,297. It was last sold for £225,000 in July 2018, which was around 7% below the average July 2018 detached price in the Erewash local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

5 WATERSIDE CLOSE Sold Prices

Land registry data shows two sales for 5 WATERSIDE 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 Erewash local authority area for the corresponding sale date. Both of the two 5 WATERSIDE 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
2018 27 JUL	£225,000	£243,063	7% below HPI
2015 31 JUL	£189,950	£209,030	9% below HPI

5 WATERSIDE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 5 WATERSIDE CLOSE sales from July 2015 and July 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 July 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 5 WATERSIDE CLOSE be worth now?

5 WATERSIDE CLOSE might now be worth an estimated £295,297.

This is based on house price inflation of 31.2%, between July 2018 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.2% inflationary increase is applied to the most recent sale price for 5 WATERSIDE CLOSE of £225,000 on 27th July 2018. For the value to have increased from £225,000 to £295,297 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 5 WATERSIDE CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The July 2018 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WATERSIDE CLOSE has not materially changed since July 2018.

How Large is 5 WATERSIDE CLOSE?

5 WATERSIDE CLOSE is 84m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of detached houses houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandiacre, and where 5 WATERSIDE CLOSE lies on this distribution: 24% of detached houses houses are smaller than 5 WATERSIDE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

5 WATERSIDE CLOSE: Plot and Title Map

5 WATERSIDE CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 5 WATERSIDE 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 WATERSIDE 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 WATERSIDE CLOSE?

5 WATERSIDE CLOSE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 5 on WATERSIDE CLOSE.