6, GERRARD CLOSE, ARNOLD, NOTTINGHAM, NG5 9QL - £126,000

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.

6 GERRARD CLOSE is a very small semi-detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £168,267. It was last sold for £126,000 in August 2020, which was around 30% below the average August 2020 semi-detached price in the Gedling local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was A.

6 GERRARD CLOSE Sold Prices

Land registry data shows five sales for 6 GERRARD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Gedling local authority area for the corresponding sale date. All of the five 6 GERRARD 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 26 AUG	£126,000	£178,922	30% below HPI
2006 7 APR	£90,000	£126,372	29% below HPI
2003 21 FEB	£78,000	£98,014	20% below HPI
1999 28 MAY	£44,950	£50,401	11% below HPI
1996 2 FEB	£38,000	£44,120	14% below HPI

6 GERRARD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gedling local authority area over time, sourced from the HPI. The five 6 GERRARD CLOSE sales between February 1996 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 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 6 GERRARD CLOSE be worth now?

6 GERRARD CLOSE might now be worth an estimated £168,267.

This is based on house price inflation of 33.5%, between August 2020 and March 2025, for semi-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 33.5% inflationary increase is applied to the most recent sale price for 6 GERRARD CLOSE of £126,000 on 26th August 2020. For the value to have increased from £126,000 to £168,267 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of 6 GERRARD CLOSE has moved in line with the HPI for semi-detached houses in the Gedling local authority area.
• The August 2020 sale price of £126,000 represented a fair market value for the property.
• The size, condition, and specification of 6 GERRARD CLOSE has not materially changed since August 2020.

How Large is 6 GERRARD CLOSE?

6 GERRARD CLOSE is 56m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of semi-detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Nottingham, and where 6 GERRARD CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 6 GERRARD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

6 GERRARD CLOSE: Plot and Title Map

6 GERRARD CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 6 GERRARD 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 6 GERRARD 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 6 GERRARD CLOSE?

6 GERRARD CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 6 on GERRARD CLOSE.