7, PENNINE CLOSE, LONG EATON, NOTTINGHAM, NG10 4JT - £147,500

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 PENNINE CLOSE is a small detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £282,168. It was last sold for £147,500 in May 2011, which was around 12% below the average May 2011 detached price in the Erewash local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

7 PENNINE CLOSE Sold Prices

Land registry data shows two sales for 7 PENNINE 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 Erewash local authority area for the corresponding sale date. Both of the two 7 PENNINE 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
2011 27 MAY	£147,500	£166,755	12% below HPI
2002 21 AUG	£88,500	£116,809	24% below HPI

7 PENNINE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 7 PENNINE CLOSE sales from August 2002 and May 2011 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 August 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2011 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 PENNINE CLOSE be worth now?

7 PENNINE CLOSE might now be worth an estimated £282,168.

This is based on house price inflation of 91.3%, between May 2011 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 91.3% inflationary increase is applied to the most recent sale price for 7 PENNINE CLOSE of £147,500 on 27th May 2011. For the value to have increased from £147,500 to £282,168 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 7 PENNINE CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The May 2011 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 7 PENNINE CLOSE has not materially changed since May 2011.

How Large is 7 PENNINE CLOSE?

7 PENNINE CLOSE is 82m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 30% of detached houses houses in Long Eaton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Eaton, and where 7 PENNINE CLOSE lies on this distribution: 21% of detached houses houses are smaller than 7 PENNINE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.

7 PENNINE CLOSE: Plot and Title Map

7 PENNINE CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 7 PENNINE 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 PENNINE 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 PENNINE CLOSE?

7 PENNINE CLOSE is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 7 on PENNINE CLOSE.