24, ELTON CLOSE, BALDERTON, NEWARK, NG24 3JY - £172,000

24 ELTON CLOSE is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £172,000 in August 2020, which was around 38% below the average August 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

24 ELTON CLOSE Sold Prices

Land registry data shows two sales for 24 ELTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 24 ELTON 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
2020 20 AUG	£172,000	£275,638	38% below HPI
1997 14 FEB	£54,500	£74,021	26% below HPI

24 ELTON 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 two 24 ELTON CLOSE sales from February 1997 and August 2020 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 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 24 ELTON CLOSE?

24 ELTON CLOSE is 69m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 24 ELTON CLOSE lies on this distribution: 18% of detached houses are smaller than 24 ELTON CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Balderton.

24 ELTON CLOSE: Plot and Title Map

24 ELTON CLOSE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 24 ELTON 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 24 ELTON 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 24 ELTON CLOSE?

24 ELTON CLOSE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 24 on ELTON CLOSE.