8, VENUS CLOSE, NOTTINGHAM, NG6 0FS - £180,000

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 VENUS CLOSE is a small detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £216,872. It was last sold for £180,000 in February 2021, which was around 33% below the average February 2021 detached price in the City of Nottingham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was C.

8 VENUS CLOSE Sold Prices

Land registry data shows five sales for 8 VENUS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the five 8 VENUS 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
2021 15 FEB	£180,000	£268,890	33% below HPI
2018 1 OCT	£151,000	£241,197	37% below HPI
2018 28 SEP	£155,000	£239,174	35% below HPI
2015 30 APR	£133,000	£183,337	27% below HPI
2006 26 MAY	£133,000	£178,716	26% below HPI

8 VENUS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The five 8 VENUS CLOSE sales between May 2006 and February 2021 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 October 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 VENUS CLOSE be worth now?

8 VENUS CLOSE might now be worth an estimated £216,872.

This is based on house price inflation of 20.5%, between February 2021 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.5% inflationary increase is applied to the most recent sale price for 8 VENUS CLOSE of £180,000 on 15th February 2021. For the value to have increased from £180,000 to £216,872 over the four years to February 2025, the following assumptions must hold true:

• The value of 8 VENUS CLOSE has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The February 2021 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 8 VENUS CLOSE has not materially changed since February 2021.

How Large is 8 VENUS CLOSE?

8 VENUS CLOSE is 85m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 8 VENUS CLOSE lies on this distribution: 25% of detached houses houses are smaller than 8 VENUS CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

8 VENUS CLOSE: Plot and Title Map

8 VENUS CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 8 VENUS 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 VENUS 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 VENUS CLOSE?

8 VENUS CLOSE is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 8 on VENUS CLOSE.