8, PENNIE CLOSE, LONG EATON, NOTTINGHAM, NG10 1HN - £156,950

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 PENNIE CLOSE is a small extended semi-detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £261,577. It was last sold for £156,950 in October 2014, which was around 24% above the average October 2014 semi-detached price in the Erewash local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

8 PENNIE CLOSE Sold Prices

Land registry data shows two sales for 8 PENNIE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. Both of the two 8 PENNIE 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
2014 17 OCT	£156,950	£126,957	24% above HPI
2007 7 SEP	£155,000	£127,656	21% above HPI

8 PENNIE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Erewash local authority area over time, sourced from the HPI. The two 8 PENNIE CLOSE sales from September 2007 and October 2014 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 September 2007 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2014 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 8 PENNIE CLOSE be worth now?

8 PENNIE CLOSE might now be worth an estimated £261,577.

This is based on house price inflation of 66.7%, between October 2014 and February 2025, for semi-detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.7% inflationary increase is applied to the most recent sale price for 8 PENNIE CLOSE of £156,950 on 17th October 2014. For the value to have increased from £156,950 to £261,577 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 PENNIE CLOSE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The October 2014 sale price of £156,950 represented a fair market value for the property.
• The size, condition, and specification of 8 PENNIE CLOSE has not materially changed since October 2014.

How Large is 8 PENNIE CLOSE?

8 PENNIE CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of semi-detached houses houses in Long Eaton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Long Eaton, and where 8 PENNIE CLOSE lies on this distribution: 36% of semi-detached houses houses are smaller than 8 PENNIE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.

8 PENNIE CLOSE: Plot and Title Map

8 PENNIE CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 8 PENNIE 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 PENNIE 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 PENNIE CLOSE?

8 PENNIE CLOSE is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 8 on PENNIE CLOSE.