7, PETERS CLOSE, NEWTHORPE, NOTTINGHAM, NG16 2ER - £129,000

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 PETERS CLOSE is a very small detached house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £232,634. It was last sold for £129,000 in July 2012, which was around 34% below the average July 2012 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

7 PETERS CLOSE Sold Prices

Land registry data shows three sales for 7 PETERS 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 Broxtowe local authority area for the corresponding sale date. All of the three 7 PETERS 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
2012 20 JUL	£129,000	£194,627	34% below HPI
2004 16 JUL	£148,950	£187,981	21% below HPI
1999 22 OCT	£59,000	£86,631	32% below HPI

7 PETERS 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 three 7 PETERS CLOSE sales between October 1999 and July 2012 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 July 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2012 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 7 PETERS CLOSE be worth now?

7 PETERS CLOSE might now be worth an estimated £232,634.

This is based on house price inflation of 80.3%, between July 2012 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 80.3% inflationary increase is applied to the most recent sale price for 7 PETERS CLOSE of £129,000 on 20th July 2012. For the value to have increased from £129,000 to £232,634 over the eleven years and seven months to December 2024, the following assumptions must hold true:

• The value of 7 PETERS CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The July 2012 sale price of £129,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PETERS CLOSE has not materially changed since July 2012.

How Large is 7 PETERS CLOSE?

7 PETERS CLOSE is 59m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% 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 PETERS CLOSE lies on this distribution: 9% of detached houses houses are smaller than 7 PETERS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Eastwood.

7 PETERS CLOSE: Plot and Title Map

7 PETERS CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 7 PETERS 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 PETERS 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 PETERS CLOSE?

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