8, CHARLOTTE CLOSE, ARNOLD, NOTTINGHAM, NG5 8JR - £160,000

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.

8 CHARLOTTE CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £318,909. It was last sold for £160,000 in February 2012, which was around 15% below the average February 2012 detached price in the Gedling local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

8 CHARLOTTE CLOSE Sold Prices

Land registry data shows two sales for 8 CHARLOTTE 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 Gedling local authority area for the corresponding sale date. One of the two 8 CHARLOTTE CLOSE sales was for below the average price, whilst the other was 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
2012 14 FEB	£160,000	£187,604	15% below HPI
1996 24 JUL	£82,000	£71,541	15% above HPI

8 CHARLOTTE 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 two 8 CHARLOTTE CLOSE sales from July 1996 and February 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 1996 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2012 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 8 CHARLOTTE CLOSE be worth now?

8 CHARLOTTE CLOSE might now be worth an estimated £318,909.

This is based on house price inflation of 99.3%, between February 2012 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 99.3% inflationary increase is applied to the most recent sale price for 8 CHARLOTTE CLOSE of £160,000 on 14th February 2012. For the value to have increased from £160,000 to £318,909 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 8 CHARLOTTE CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The February 2012 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHARLOTTE CLOSE has not materially changed since February 2012.

How Large is 8 CHARLOTTE CLOSE?

8 CHARLOTTE CLOSE is 74m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 8 CHARLOTTE CLOSE lies on this distribution: 11% of detached houses houses are smaller than 8 CHARLOTTE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Arnold.

8 CHARLOTTE CLOSE: Plot and Title Map

8 CHARLOTTE CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 8 CHARLOTTE 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 8 CHARLOTTE 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 8 CHARLOTTE CLOSE?

8 CHARLOTTE CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 8 on CHARLOTTE CLOSE.