7, COMMONS CLOSE, NEWTHORPE, NOTTINGHAM, NG16 2BU - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 COMMONS CLOSE is a small extended detached house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £233,034. It was last sold for £235,000 in August 2023, which was around 34% below the average August 2023 detached price in the Broxtowe local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

7 COMMONS CLOSE Sold Prices

Land registry data shows two sales for 7 COMMONS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 7 COMMONS 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 8 AUG	£235,000	£353,945	34% below HPI
2022 4 MAR	£235,000	£323,462	27% below HPI

7 COMMONS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 7 COMMONS CLOSE sales from March 2022 and August 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 March 2022 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 7 COMMONS CLOSE be worth now?

7 COMMONS CLOSE might now be worth an estimated £233,034.

This is based on house price deflation of 0.8%, between August 2023 and December 2024, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% deflationary decrease is applied to the most recent sale price for 7 COMMONS CLOSE of £235,000 on 8th August 2023. For the value to have decreased from £235,000 to £233,034 over the eight months to December 2024, the following assumptions must hold true:

• The value of 7 COMMONS CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The August 2023 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 7 COMMONS CLOSE has not materially changed since August 2023.

How Large is 7 COMMONS CLOSE?

7 COMMONS CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses houses in Eastwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastwood, and where 7 COMMONS CLOSE lies on this distribution: 20% of detached houses houses are smaller than 7 COMMONS CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

7 COMMONS CLOSE: Plot and Title Map

7 COMMONS CLOSE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 7 COMMONS 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 COMMONS 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 COMMONS CLOSE?

7 COMMONS CLOSE is located in NEWTHORPE, in the NG16 postcode district. The below map shows the position of No. 7 on COMMONS CLOSE.