7, THOMAS CLOSE, CODNOR PARK, NOTTINGHAM, NG16 5RX - £250,000

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 THOMAS CLOSE is a very small detached house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £255,108. It was last sold for £250,000 in December 2024, which was around 25% below the average December 2024 detached price in the Amber Valley local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

7 THOMAS CLOSE Sold Prices

Land registry data shows two sales for 7 THOMAS 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 Amber Valley local authority area for the corresponding sale date. Both of the two 7 THOMAS 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
2024 16 DEC	£250,000	£333,076	25% below HPI
2004 16 FEB	£145,000	£155,028	6% below HPI

7 THOMAS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 7 THOMAS CLOSE sales from February 2004 and December 2024 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 February 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 7 THOMAS CLOSE be worth now?

7 THOMAS CLOSE might now be worth an estimated £255,108.

This is based on house price inflation of 2%, between December 2024 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% inflationary increase is applied to the most recent sale price for 7 THOMAS CLOSE of £250,000 on 16th December 2024. For the value to have increased from £250,000 to £255,108 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 7 THOMAS CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The December 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THOMAS CLOSE has not materially changed since December 2024.

How Large is 7 THOMAS CLOSE?

7 THOMAS CLOSE is 78m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses houses in Ironville, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ironville, and where 7 THOMAS CLOSE lies on this distribution: 14% of detached houses houses are smaller than 7 THOMAS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Ironville.

7 THOMAS CLOSE: Plot and Title Map

7 THOMAS CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 7 THOMAS 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 THOMAS 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 THOMAS CLOSE?

7 THOMAS CLOSE is located in CODNOR PARK, in the NG16 postcode district. The below map shows the position of No. 7 on THOMAS CLOSE.