8, SAUNBY CLOSE, ARNOLD, NOTTINGHAM, NG5 7LA - £120,000

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 SAUNBY CLOSE is a very small extended detached house of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £226,500. It was last sold for £120,000 in April 2014, which was around 39% below the average April 2014 detached price in the Gedling local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

8 SAUNBY CLOSE Sold Prices

Land registry data shows three sales for 8 SAUNBY 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 Gedling local authority area for the corresponding sale date. All of the three 8 SAUNBY 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
2014 25 APR	£120,000	£198,108	39% below HPI
2013 22 NOV	£116,000	£191,565	39% below HPI
2004 15 OCT	£133,000	£200,310	34% below HPI

8 SAUNBY 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 three 8 SAUNBY CLOSE sales between October 2004 and April 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 November 2013 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2014 sale, which was also at 39% below the HPI.

What might 8 SAUNBY CLOSE be worth now?

8 SAUNBY CLOSE might now be worth an estimated £226,500.

This is based on house price inflation of 88.8%, between April 2014 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 88.8% inflationary increase is applied to the most recent sale price for 8 SAUNBY CLOSE of £120,000 on 25th April 2014. For the value to have increased from £120,000 to £226,500 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 8 SAUNBY CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The April 2014 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SAUNBY CLOSE has not materially changed since April 2014.

How Large is 8 SAUNBY CLOSE?

8 SAUNBY CLOSE is 63m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% 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 SAUNBY CLOSE lies on this distribution: 4% of detached houses houses are smaller than 8 SAUNBY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Arnold.

8 SAUNBY CLOSE: Plot and Title Map

8 SAUNBY CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 8 SAUNBY 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 SAUNBY 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 SAUNBY CLOSE?

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