8, NEIGHWOOD CLOSE, TOTON, NOTTINGHAM, NG9 6LP - £240,000

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 NEIGHWOOD CLOSE is a large extended detached house of 125m², built sometime between 1983 and 1990, which could now be worth an estimated £407,378. It was last sold for £240,000 in March 2015, which was around 14% above the average March 2015 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

8 NEIGHWOOD CLOSE Sold Prices

Land registry data shows three sales for 8 NEIGHWOOD 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 8 NEIGHWOOD CLOSE sales were 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
2015 20 MAR	£240,000	£209,663	14% above HPI
2004 27 AUG	£226,000	£192,063	18% above HPI
2000 9 JUN	£98,000	£92,841	6% above HPI

8 NEIGHWOOD 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 8 NEIGHWOOD CLOSE sales between June 2000 and March 2015 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 August 2004 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2015 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 8 NEIGHWOOD CLOSE be worth now?

8 NEIGHWOOD CLOSE might now be worth an estimated £407,378.

This is based on house price inflation of 69.7%, between March 2015 and February 2025, 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 69.7% inflationary increase is applied to the most recent sale price for 8 NEIGHWOOD CLOSE of £240,000 on 20th March 2015. For the value to have increased from £240,000 to £407,378 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 8 NEIGHWOOD CLOSE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The March 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NEIGHWOOD CLOSE has not materially changed since March 2015.

How Large is 8 NEIGHWOOD CLOSE?

8 NEIGHWOOD CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of detached houses houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beeston, and where 8 NEIGHWOOD CLOSE lies on this distribution: 65% of detached houses houses are smaller than 8 NEIGHWOOD CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Beeston.

8 NEIGHWOOD CLOSE: Plot and Title Map

8 NEIGHWOOD CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 8 NEIGHWOOD 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 NEIGHWOOD 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 NEIGHWOOD CLOSE?

8 NEIGHWOOD CLOSE is located in TOTON, in the NG9 postcode district. The below map shows the position of No. 8 on NEIGHWOOD CLOSE.