7, CRANMORE CLOSE, ARNOLD, NOTTINGHAM, NG5 8GJ - £225,000

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

7 CRANMORE CLOSE is a midsized extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £225,000 in July 2014, which was around 13% above the average July 2014 detached price in the Gedling local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

7 CRANMORE CLOSE Sold Prices

Land registry data shows three sales for 7 CRANMORE 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 7 CRANMORE 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
2014 31 JUL	£225,000	£198,570	13% above HPI
1998 21 SEP	£92,750	£82,575	12% above HPI
1997 28 MAY	£88,000	£78,182	13% above HPI

7 CRANMORE 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 7 CRANMORE CLOSE sales between May 1997 and July 2014 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 1998 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2014 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 7 CRANMORE CLOSE?

7 CRANMORE CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 40% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 7 CRANMORE CLOSE lies on this distribution: 60% of detached houses are smaller than 7 CRANMORE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Arnold.

7 CRANMORE CLOSE: Plot and Title Map

7 CRANMORE CLOSE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 7 CRANMORE 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 CRANMORE 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 CRANMORE CLOSE?

7 CRANMORE CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 7 on CRANMORE CLOSE.