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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 SMALLEY CLOSE is a large extended detached house of 122m², built sometime between 1976 and 1982. 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	£269,210	26% above HPI
2020 20 NOV	£280,000	£219,926	27% above HPI
2012 24 FEB	£154,000	£143,958	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.

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 in Underwood, based on EPC data. The below chart shows the distribution of detached houses by size in Underwood, and where 6 SMALLEY CLOSE lies on this distribution: 62% of detached 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.