16, MORLEYS CLOSE, LOWDHAM, NOTTINGHAM, NG14 7HN - £338,000

16 MORLEYS CLOSE is a large detached house of 153m², built sometime between 1991 and 1995. It was last sold for £338,000 in November 2018, which was around 23% above the average November 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

16 MORLEYS CLOSE Sold Prices

Land registry data shows three sales for 16 MORLEYS 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 16 MORLEYS 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
2018 29 NOV	£338,000	£274,400	23% above HPI
2001 1 FEB	£158,000	£97,421	62% above HPI
1996 7 OCT	£109,000	£73,907	47% above HPI

16 MORLEYS 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 16 MORLEYS CLOSE sales between October 1996 and November 2018 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 February 2001 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the November 2018 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 16 MORLEYS CLOSE?

16 MORLEYS CLOSE is 153m² according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 16 MORLEYS CLOSE lies on this distribution: 75% of detached houses are smaller than 16 MORLEYS CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

16 MORLEYS CLOSE: Plot and Title Map

16 MORLEYS CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 16 MORLEYS 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 16 MORLEYS 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 16 MORLEYS CLOSE?

16 MORLEYS CLOSE is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 16 on MORLEYS CLOSE.