8, FOREST CLOSE, ANNESLEY WOODHOUSE, NOTTINGHAM, NG17 9HF - £172,000

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 FOREST CLOSE is a very small detached house of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £172,309. It was last sold for £172,000 in February 2023, which was around 36% below the average February 2023 detached price in the Ashfield local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was B.

8 FOREST CLOSE Sold Prices

Land registry data shows two sales for 8 FOREST 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 Ashfield local authority area for the corresponding sale date. Both of the two 8 FOREST 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
2023 22 FEB	£172,000	£266,759	36% below HPI
1997 17 MAR	£46,000	£54,260	15% below HPI

8 FOREST CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 8 FOREST CLOSE sales from March 1997 and February 2023 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 March 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 8 FOREST CLOSE be worth now?

8 FOREST CLOSE might now be worth an estimated £172,309.

This is based on house price inflation of 0.2%, between February 2023 and February 2025, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.2% inflationary increase is applied to the most recent sale price for 8 FOREST CLOSE of £172,000 on 22nd February 2023. For the value to have increased from £172,000 to £172,309 over the two years to February 2025, the following assumptions must hold true:

• The value of 8 FOREST CLOSE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The February 2023 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FOREST CLOSE has not materially changed since February 2023.

How Large is 8 FOREST CLOSE?

8 FOREST CLOSE is 56m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses houses in Annesley Woodhouse, based on EPC data. The below chart shows the distribution of detached houses houses by size in Annesley Woodhouse, and where 8 FOREST CLOSE lies on this distribution: 1% of detached houses houses are smaller than 8 FOREST CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Annesley Woodhouse.

8 FOREST CLOSE: Plot and Title Map

8 FOREST CLOSE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 8 FOREST 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 FOREST 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 FOREST CLOSE?

8 FOREST CLOSE is located in ANNESLEY WOODHOUSE, in the NG17 postcode district. The below map shows the position of No. 8 on FOREST CLOSE.