8, FARM HOUSE CLOSE, BOTTESFORD, NOTTINGHAM, NG13 0AF - £131,000

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

8 FARM HOUSE CLOSE is a large extended detached house of 128m², built sometime between 1976 and 1982, which could now be worth an estimated £404,269. It was last sold for £131,000 in June 2001, which was around 1% above the average June 2001 detached price in the Melton local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

8 FARM HOUSE CLOSE Sold Prices

Land registry data shows four sales for 8 FARM HOUSE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. two of the four 8 FARM HOUSE CLOSE sales were for above the average price, and four 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
2001 28 JUN	£131,000	£129,478	1% above HPI
1999 22 JUL	£100,000	£102,066	2% below HPI
1999 12 APR	£94,000	£96,585	3% below HPI
1996 6 DEC	£92,500	£91,758	1% above HPI

8 FARM HOUSE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The four 8 FARM HOUSE CLOSE sales between December 1996 and June 2001 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 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2001 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 FARM HOUSE CLOSE be worth now?

8 FARM HOUSE CLOSE might now be worth an estimated £404,269.

This is based on house price inflation of 208.6%, between June 2001 and February 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 208.6% inflationary increase is applied to the most recent sale price for 8 FARM HOUSE CLOSE of £131,000 on 28th June 2001. For the value to have increased from £131,000 to £404,269 over the 24 years and four months to February 2025, the following assumptions must hold true:

• The value of 8 FARM HOUSE CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The June 2001 sale price of £131,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FARM HOUSE CLOSE has not materially changed since June 2001.

How Large is 8 FARM HOUSE CLOSE?

8 FARM HOUSE CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 40% of detached houses houses in Bottesford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bottesford, and where 8 FARM HOUSE CLOSE lies on this distribution: 67% of detached houses houses are smaller than 8 FARM HOUSE CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Bottesford.

8 FARM HOUSE CLOSE: Plot and Title Map

8 FARM HOUSE CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 8 FARM HOUSE 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 FARM HOUSE 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 FARM HOUSE CLOSE?

8 FARM HOUSE CLOSE is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 8 on FARM HOUSE CLOSE.