9, GRESHAM CLOSE, WEST BRIDGFORD, NOTTINGHAM, NG2 7RQ - £330,500

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 GRESHAM CLOSE is a midsized extended detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £551,000. It was last sold for £330,500 in September 2014, which was around 10% above the average September 2014 detached price in the Rushcliffe local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

9 GRESHAM CLOSE Sold Prices

Land registry data shows three sales for 9 GRESHAM 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 Rushcliffe local authority area for the corresponding sale date. All of the three 9 GRESHAM CLOSE sales were for above 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 12 SEP	£330,500	£300,053	10% above HPI
1998 26 MAR	£125,000	£104,840	19% above HPI
1997 18 NOV	£122,500	£102,568	19% above HPI

9 GRESHAM 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 three 9 GRESHAM CLOSE sales between November 1997 and September 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 March 1998 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 9 GRESHAM CLOSE be worth now?

9 GRESHAM CLOSE might now be worth an estimated £551,000.

This is based on house price inflation of 66.7%, between September 2014 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 66.7% inflationary increase is applied to the most recent sale price for 9 GRESHAM CLOSE of £330,500 on 12th September 2014. For the value to have increased from £330,500 to £551,000 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 9 GRESHAM CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The September 2014 sale price of £330,500 represented a fair market value for the property.
• The size, condition, and specification of 9 GRESHAM CLOSE has not materially changed since September 2014.

How Large is 9 GRESHAM CLOSE?

9 GRESHAM CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bridgford, and where 9 GRESHAM CLOSE lies on this distribution: 55% of detached houses houses are smaller than 9 GRESHAM CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

9 GRESHAM CLOSE: Plot and Title Map

9 GRESHAM CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 9 GRESHAM 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 GRESHAM 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 GRESHAM CLOSE?

9 GRESHAM CLOSE is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 9 on GRESHAM CLOSE.