7, HOUSTON CLOSE, NOTTINGHAM, NG5 5DQ - £174,950

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 HOUSTON CLOSE is a very small detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £309,158. It was last sold for £174,950 in August 2007, which was around 4% below the average August 2007 detached price in the City of Nottingham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

7 HOUSTON CLOSE Sold Prices

Land registry data shows two sales for 7 HOUSTON 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 City of Nottingham local authority area for the corresponding sale date. Both of the two 7 HOUSTON 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
2007 9 AUG	£174,950	£182,777	4% below HPI
2004 30 APR	£112,000	£166,101	33% below HPI

7 HOUSTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 7 HOUSTON CLOSE sales from April 2004 and August 2007 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 April 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2007 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 7 HOUSTON CLOSE be worth now?

7 HOUSTON CLOSE might now be worth an estimated £309,158.

This is based on house price inflation of 76.7%, between August 2007 and December 2024, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.7% inflationary increase is applied to the most recent sale price for 7 HOUSTON CLOSE of £174,950 on 9th August 2007. For the value to have increased from £174,950 to £309,158 over the sixteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 7 HOUSTON CLOSE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The August 2007 sale price of £174,950 represented a fair market value for the property.
• The size, condition, and specification of 7 HOUSTON CLOSE has not materially changed since August 2007.

How Large is 7 HOUSTON CLOSE?

7 HOUSTON CLOSE is 68m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 7 HOUSTON CLOSE lies on this distribution: 9% of detached houses houses are smaller than 7 HOUSTON CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

7 HOUSTON CLOSE: Plot and Title Map

7 HOUSTON CLOSE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 7 HOUSTON 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 HOUSTON 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 HOUSTON CLOSE?

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