14, RUFFORD CLOSE, BILSTHORPE, NEWARK, NG22 8SW - £170,000

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.

14 RUFFORD CLOSE is a very small detached house of 53m², built sometime between 1967 and 1975, which could now be worth an estimated £181,262. It was last sold for £170,000 in June 2022, which was around 48% below the average June 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

14 RUFFORD CLOSE Sold Prices

Land registry data shows three sales for 14 RUFFORD 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 Newark and Sherwood local authority area for the corresponding sale date. All of the three 14 RUFFORD 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
2022 6 JUN	£170,000	£328,664	48% below HPI
2019 17 DEC	£127,500	£283,969	55% below HPI
2005 8 JUL	£98,500	£214,347	54% below HPI

14 RUFFORD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 14 RUFFORD CLOSE sales between July 2005 and June 2022 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 2019 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the June 2022 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 14 RUFFORD CLOSE be worth now?

14 RUFFORD CLOSE might now be worth an estimated £181,262.

This is based on house price inflation of 6.6%, between June 2022 and June 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.6% inflationary increase is applied to the most recent sale price for 14 RUFFORD CLOSE of £170,000 on 6th June 2022. For the value to have increased from £170,000 to £181,262 over the three years to June 2025, the following assumptions must hold true:

• The value of 14 RUFFORD CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2022 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 14 RUFFORD CLOSE has not materially changed since June 2022.

How Large is 14 RUFFORD CLOSE?

14 RUFFORD CLOSE is 53m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilsthorpe, and where 14 RUFFORD CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 14 RUFFORD CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

14 RUFFORD CLOSE: Plot and Title Map

14 RUFFORD CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 14 RUFFORD 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 14 RUFFORD 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 14 RUFFORD CLOSE?

14 RUFFORD CLOSE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 14 on RUFFORD CLOSE.