50, COVERT CLOSE, KEYWORTH, NOTTINGHAM, NG12 5GB - £172,500

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

50 COVERT CLOSE is a small detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £298,771. It was last sold for £172,500 in October 2011, which was around 38% below the average October 2011 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

50 COVERT CLOSE Sold Prices

Land registry data shows four sales for 50 COVERT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 50 COVERT 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
2011 6 OCT	£172,500	£278,588	38% below HPI
2005 29 SEP	£205,000	£264,379	22% below HPI
2001 2 NOV	£129,950	£162,959	20% below HPI
1999 28 MAY	£84,950	£113,553	25% below HPI

50 COVERT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 50 COVERT CLOSE sales between May 1999 and October 2011 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 September 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2011 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 50 COVERT CLOSE be worth now?

50 COVERT CLOSE might now be worth an estimated £298,771.

This is based on house price inflation of 73.2%, between October 2011 and December 2024, for 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 73.2% inflationary increase is applied to the most recent sale price for 50 COVERT CLOSE of £172,500 on 6th October 2011. For the value to have increased from £172,500 to £298,771 over the twelve years and ten months to December 2024, the following assumptions must hold true:

• The value of 50 COVERT CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The October 2011 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 50 COVERT CLOSE has not materially changed since October 2011.

How Large is 50 COVERT CLOSE?

50 COVERT CLOSE is 87m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses houses in Keyworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Keyworth, and where 50 COVERT CLOSE lies on this distribution: 24% of detached houses houses are smaller than 50 COVERT CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Keyworth.

50 COVERT CLOSE: Plot and Title Map

50 COVERT CLOSE sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 50 COVERT 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 50 COVERT 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 50 COVERT CLOSE?

50 COVERT CLOSE is located in KEYWORTH, in the NG12 postcode district. The below map shows the position of No. 50 on COVERT CLOSE.