9, WAVENEY CLOSE, ARNOLD, NOTTINGHAM, NG5 6QH - £236,000

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 WAVENEY CLOSE is a midsized extended detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £387,917. It was last sold for £236,000 in March 2016, which was around 4% above the average March 2016 detached price in the Gedling local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

9 WAVENEY CLOSE Sold Prices

Land registry data shows three sales for 9 WAVENEY 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 Gedling local authority area for the corresponding sale date. Two of the three 9 WAVENEY 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
2016 31 MAR	£236,000	£227,490	4% above HPI
2015 29 JAN	£230,000	£207,940	11% above HPI
2013 12 APR	£161,000	£189,285	15% below HPI

9 WAVENEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 9 WAVENEY CLOSE sales between April 2013 and March 2016 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 January 2015 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2016 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 9 WAVENEY CLOSE be worth now?

9 WAVENEY CLOSE might now be worth an estimated £387,917.

This is based on house price inflation of 64.4%, between March 2016 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.4% inflationary increase is applied to the most recent sale price for 9 WAVENEY CLOSE of £236,000 on 31st March 2016. For the value to have increased from £236,000 to £387,917 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 9 WAVENEY CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The March 2016 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 9 WAVENEY CLOSE has not materially changed since March 2016.

How Large is 9 WAVENEY CLOSE?

9 WAVENEY CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 9 WAVENEY CLOSE lies on this distribution: 43% of detached houses houses are smaller than 9 WAVENEY CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Arnold.

9 WAVENEY CLOSE: Plot and Title Map

9 WAVENEY CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 9 WAVENEY 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 WAVENEY 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 WAVENEY CLOSE?

9 WAVENEY CLOSE is located in ARNOLD, in the NG5 postcode district. The below map shows the position of No. 9 on WAVENEY CLOSE.