9, CHESTNUT CLOSE, BOTTESFORD, NOTTINGHAM, NG13 0DP - £220,000

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 CHESTNUT CLOSE is a midsized extended semi-detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £275,163. It was last sold for £220,000 in February 2020, which was around 12% above the average February 2020 semi-detached price in the Melton local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

9 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 9 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. Two of the three 9 CHESTNUT CLOSE sales were for above the average price, whilst one was 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 FEB	£220,000	£196,082	12% above HPI
2009 18 DEC	£166,000	£143,939	15% above HPI
2003 21 NOV	£118,000	£121,695	3% below HPI

9 CHESTNUT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The three 9 CHESTNUT CLOSE sales between November 2003 and February 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 2009 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 9 CHESTNUT CLOSE be worth now?

9 CHESTNUT CLOSE might now be worth an estimated £275,163.

This is based on house price inflation of 25.1%, between February 2020 and February 2025, for semi-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 25.1% inflationary increase is applied to the most recent sale price for 9 CHESTNUT CLOSE of £220,000 on 7th February 2020. For the value to have increased from £220,000 to £275,163 over the five years to February 2025, the following assumptions must hold true:

• The value of 9 CHESTNUT CLOSE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The February 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHESTNUT CLOSE has not materially changed since February 2020.

How Large is 9 CHESTNUT CLOSE?

9 CHESTNUT CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% of semi-detached houses houses in Bottesford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bottesford, and where 9 CHESTNUT CLOSE lies on this distribution: 44% of semi-detached houses houses are smaller than 9 CHESTNUT CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Bottesford.

9 CHESTNUT CLOSE: Plot and Title Map

9 CHESTNUT CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 9 CHESTNUT 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 CHESTNUT 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 CHESTNUT CLOSE?

9 CHESTNUT CLOSE is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 9 on CHESTNUT CLOSE.