2, CROWN CLOSE, COLLINGHAM, NEWARK, NG23 7PG - £273,000

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.

2 CROWN CLOSE is a small extended detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £316,770. It was last sold for £273,000 in September 2021, which was around 11% below the average September 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

2 CROWN CLOSE Sold Prices

Land registry data shows three sales for 2 CROWN 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 2 CROWN 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
2021 30 SEP	£273,000	£308,343	11% below HPI
2014 16 DEC	£189,250	£226,949	17% below HPI
1997 24 NOV	£65,000	£79,511	18% below HPI

2 CROWN 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 2 CROWN CLOSE sales between November 1997 and September 2021 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 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 CROWN CLOSE be worth now?

2 CROWN CLOSE might now be worth an estimated £316,770.

This is based on house price inflation of 16%, between September 2021 and April 2026, 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 16% inflationary increase is applied to the most recent sale price for 2 CROWN CLOSE of £273,000 on 30th September 2021. For the value to have increased from £273,000 to £316,770 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 2 CROWN CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2021 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CROWN CLOSE has not materially changed since September 2021.

How Large is 2 CROWN CLOSE?

2 CROWN CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% of detached houses houses in Collingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Collingham, and where 2 CROWN CLOSE lies on this distribution: 20% of detached houses houses are smaller than 2 CROWN CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Collingham.

2 CROWN CLOSE: Plot and Title Map

2 CROWN CLOSE sits on a plot of roughly 3.2 acres, or 13,045m². The below map shows the location of 2 CROWN 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 2 CROWN 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 2 CROWN CLOSE?

2 CROWN CLOSE is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 2 on CROWN CLOSE.