9, CARPENTERS CLOSE, CROPWELL BUTLER, NOTTINGHAM, NG12 3AT - £255,000

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.

9 CARPENTERS CLOSE is a very small extended detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £315,756. It was last sold for £255,000 in August 2020, which was around 37% below the average August 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

9 CARPENTERS CLOSE Sold Prices

Land registry data shows five sales for 9 CARPENTERS 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 Rushcliffe local authority area for the corresponding sale date. All of the five 9 CARPENTERS 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
2020 7 AUG	£255,000	£403,987	37% below HPI
2015 22 DEC	£203,000	£330,350	39% below HPI
2014 26 FEB	£186,000	£283,089	34% below HPI
2006 17 NOV	£182,500	£271,561	33% below HPI
2003 6 MAY	£175,000	£228,471	23% below HPI

9 CARPENTERS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The five 9 CARPENTERS CLOSE sales between May 2003 and August 2020 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 December 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2020 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 9 CARPENTERS CLOSE be worth now?

9 CARPENTERS CLOSE might now be worth an estimated £315,756.

This is based on house price inflation of 23.8%, between August 2020 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.8% inflationary increase is applied to the most recent sale price for 9 CARPENTERS CLOSE of £255,000 on 7th August 2020. For the value to have increased from £255,000 to £315,756 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 9 CARPENTERS CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The August 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CARPENTERS CLOSE has not materially changed since August 2020.

How Large is 9 CARPENTERS CLOSE?

9 CARPENTERS CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses houses in Cropwell Butler, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cropwell Butler, and where 9 CARPENTERS CLOSE lies on this distribution: 5% of detached houses houses are smaller than 9 CARPENTERS CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Cropwell Butler.

9 CARPENTERS CLOSE: Plot and Title Map

9 CARPENTERS CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 9 CARPENTERS 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 9 CARPENTERS 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 9 CARPENTERS CLOSE?

9 CARPENTERS CLOSE is located in CROPWELL BUTLER, in the NG12 postcode district. The below map shows the position of No. 9 on CARPENTERS CLOSE.