5, WOODFORD CLOSE, NOTTINGHAM, NG5 5BW - £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 WOODFORD CLOSE is a large extended detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £287,021. It was last sold for £225,000 in August 2020, which was around 13% below the average August 2020 detached price in the City of Nottingham local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was C.

5 WOODFORD CLOSE Sold Prices

Land registry data shows three sales for 5 WOODFORD 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 WOODFORD 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
2020 14 AUG	£225,000	£259,251	13% below HPI
1999 27 APR	£71,500	£75,694	6% below HPI
1997 30 SEP	£64,450	£72,509	11% below HPI

5 WOODFORD 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 WOODFORD CLOSE sales between September 1997 and August 2020 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 April 1999 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 WOODFORD CLOSE be worth now?

5 WOODFORD CLOSE might now be worth an estimated £287,021.

This is based on house price inflation of 27.6%, between August 2020 and July 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 27.6% inflationary increase is applied to the most recent sale price for 5 WOODFORD CLOSE of £225,000 on 14th August 2020. For the value to have increased from £225,000 to £287,021 over the five years and one month to July 2025, the following assumptions must hold true:

• The value of 5 WOODFORD CLOSE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The August 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WOODFORD CLOSE has not materially changed since August 2020.

How Large is 5 WOODFORD CLOSE?

5 WOODFORD CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 40% 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 WOODFORD CLOSE lies on this distribution: 64% of detached houses houses are smaller than 5 WOODFORD CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

5 WOODFORD CLOSE: Plot and Title Map

5 WOODFORD CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 5 WOODFORD 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 WOODFORD 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 WOODFORD CLOSE?

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