6, SMALLEY CLOSE, UNDERWOOD, NOTTINGHAM, NG16 5GE - £339,000

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 SMALLEY CLOSE is a large extended detached house of 122m², built sometime between 1976 and 1982, which could now be worth an estimated £336,992. It was last sold for £339,000 in December 2022, which was around 26% above the average December 2022 detached price in the Ashfield local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

6 SMALLEY CLOSE Sold Prices

Land registry data shows three sales for 6 SMALLEY 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 Ashfield local authority area for the corresponding sale date. All of the three 6 SMALLEY CLOSE sales were for above 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
2022 20 DEC	£339,000	£268,830	26% above HPI
2020 20 NOV	£280,000	£219,616	27% above HPI
2012 24 FEB	£154,000	£143,754	7% above HPI

6 SMALLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The three 6 SMALLEY CLOSE sales between February 2012 and December 2022 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 November 2020 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2022 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 6 SMALLEY CLOSE be worth now?

6 SMALLEY CLOSE might now be worth an estimated £336,992.

This is based on house price deflation of 0.6%, between December 2022 and February 2025, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.6% deflationary decrease is applied to the most recent sale price for 6 SMALLEY CLOSE of £339,000 on 20th December 2022. For the value to have decreased from £339,000 to £336,992 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 SMALLEY CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The December 2022 sale price of £339,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SMALLEY CLOSE has not materially changed since December 2022.

How Large is 6 SMALLEY CLOSE?

6 SMALLEY CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses houses in Underwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Underwood, and where 6 SMALLEY CLOSE lies on this distribution: 62% of detached houses houses are smaller than 6 SMALLEY CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Underwood.

6 SMALLEY CLOSE: Plot and Title Map

6 SMALLEY CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 6 SMALLEY 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 SMALLEY 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 SMALLEY CLOSE?

6 SMALLEY CLOSE is located in UNDERWOOD, in the NG16 postcode district. The below map shows the position of No. 6 on SMALLEY CLOSE.