6, VICTORIA CLOSE, ARNOLD, NOTTINGHAM, NG5 8FP - £270,000

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 VICTORIA CLOSE is a very small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £270,000 in May 2023, which was around 22% below the average May 2023 detached price in the Gedling local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

6 VICTORIA CLOSE Sold Prices

Land registry data shows three sales for 6 VICTORIA 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 Gedling local authority area for the corresponding sale date. All of the three 6 VICTORIA 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
2023 15 MAY	£270,000	£345,772	22% below HPI
2007 17 SEP	£183,200	£208,082	12% below HPI
2007 22 MAY	£105,000	£201,100	48% below HPI

6 VICTORIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 6 VICTORIA CLOSE sales between May 2007 and May 2023 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 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 6 VICTORIA CLOSE?

6 VICTORIA CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 6 VICTORIA CLOSE lies on this distribution: 11% of detached houses are smaller than 6 VICTORIA CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Arnold.

6 VICTORIA CLOSE: Plot and Title Map

6 VICTORIA CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 6 VICTORIA 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 VICTORIA 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 VICTORIA CLOSE?

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