1, SCOTT CLOSE, CLAYPOLE, NEWARK, NG23 5FL - £235,000

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.

1 SCOTT CLOSE is a midsized extended detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £297,374. It was last sold for £235,000 in October 2017, which was around 18% below the average October 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

1 SCOTT CLOSE Sold Prices

Land registry data shows four sales for 1 SCOTT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 1 SCOTT 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
2017 6 OCT	£235,000	£286,688	18% below HPI
2005 21 DEC	£220,000	£207,848	6% above HPI
2001 29 JUN	£110,000	£118,885	7% below HPI
2000 3 MAR	£82,000	£93,627	12% below HPI

1 SCOTT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 1 SCOTT CLOSE sales between March 2000 and October 2017 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 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 SCOTT CLOSE be worth now?

1 SCOTT CLOSE might now be worth an estimated £297,374.

This is based on house price inflation of 26.5%, between October 2017 and March 2026, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.5% inflationary increase is applied to the most recent sale price for 1 SCOTT CLOSE of £235,000 on 6th October 2017. For the value to have increased from £235,000 to £297,374 over the nine years and seven months to March 2026, the following assumptions must hold true:

• The value of 1 SCOTT CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SCOTT CLOSE has not materially changed since October 2017.

How Large is 1 SCOTT CLOSE?

1 SCOTT CLOSE is 121m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 50% of detached houses houses in Claypole, based on EPC data. The below chart shows the distribution of detached houses houses by size in Claypole, and where 1 SCOTT CLOSE lies on this distribution: 51% of detached houses houses are smaller than 1 SCOTT CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Claypole.

1 SCOTT CLOSE: Plot and Title Map

1 SCOTT CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 1 SCOTT 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 1 SCOTT 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 1 SCOTT CLOSE?

1 SCOTT CLOSE is located in CLAYPOLE, in the NG23 postcode district. The below map shows the position of No. 1 on SCOTT CLOSE.