7, BISHOPS CLOSE, KEYWORTH, NOTTINGHAM, NG12 5LS - £391,000

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.

7 BISHOPS CLOSE is a large detached house of 123m², built sometime between 1950 and 1966, which could now be worth an estimated £413,104. It was last sold for £391,000 in December 2022, which was around 17% below the average December 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

7 BISHOPS CLOSE Sold Prices

Land registry data shows four sales for 7 BISHOPS 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. two of the four 7 BISHOPS CLOSE sales were for below the average price, and four 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 5 DEC	£391,000	£473,474	17% below HPI
2008 17 DEC	£203,500	£245,966	17% below HPI
1998 28 MAY	£125,000	£104,236	20% above HPI
1995 10 FEB	£95,000	£89,641	6% above HPI

7 BISHOPS 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 7 BISHOPS CLOSE sales between February 1995 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 December 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2022 sale, which was also at 17% below the HPI.

What might 7 BISHOPS CLOSE be worth now?

7 BISHOPS CLOSE might now be worth an estimated £413,104.

This is based on house price inflation of 5.7%, between December 2022 and February 2025, 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 5.7% inflationary increase is applied to the most recent sale price for 7 BISHOPS CLOSE of £391,000 on 5th December 2022. For the value to have increased from £391,000 to £413,104 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 BISHOPS CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The December 2022 sale price of £391,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BISHOPS CLOSE has not materially changed since December 2022.

How Large is 7 BISHOPS CLOSE?

7 BISHOPS CLOSE is 123m² according to the EPC inspection conducted in March 2022. This puts it in the largest 40% 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 7 BISHOPS CLOSE lies on this distribution: 60% of detached houses houses are smaller than 7 BISHOPS CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Keyworth.

7 BISHOPS CLOSE: Plot and Title Map

7 BISHOPS CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 7 BISHOPS 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 7 BISHOPS 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 7 BISHOPS CLOSE?

7 BISHOPS CLOSE is located in KEYWORTH, in the NG12 postcode district. The below map shows the position of No. 7 on BISHOPS CLOSE.