8, VINE CLOSE, BOTTESFORD, NOTTINGHAM, NG13 0FW - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 VINE CLOSE is a small detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £398,814. It was last sold for £230,000 in September 2006, which was about the average September 2006 detached price in the Melton local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

8 VINE CLOSE Sold Prices

Land registry data shows three sales for 8 VINE 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 Melton local authority area for the corresponding sale date. The three 8 VINE CLOSE sales were a mix of roughly equal to the average price, and 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
2006 8 SEP	£230,000	£230,437	Close to HPI
2004 25 MAR	£199,000	£210,360	5% below HPI
1998 26 JUN	£93,000	£96,010	3% below HPI

8 VINE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 8 VINE CLOSE sales between June 1998 and September 2006 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 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2006 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 VINE CLOSE be worth now?

8 VINE CLOSE might now be worth an estimated £398,814.

This is based on house price inflation of 73.4%, between September 2006 and February 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.4% inflationary increase is applied to the most recent sale price for 8 VINE CLOSE of £230,000 on 8th September 2006. For the value to have increased from £230,000 to £398,814 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 VINE CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The September 2006 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 8 VINE CLOSE has not materially changed since September 2006.

How Large is 8 VINE CLOSE?

8 VINE CLOSE is 95m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses houses in Bottesford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bottesford, and where 8 VINE CLOSE lies on this distribution: 30% of detached houses houses are smaller than 8 VINE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bottesford.

8 VINE CLOSE: Plot and Title Map

8 VINE CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 8 VINE 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 VINE 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 VINE CLOSE?

8 VINE CLOSE is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 8 on VINE CLOSE.