24, NEWTON CLOSE, LOWDHAM, NOTTINGHAM, NG14 7WF - £313,000

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.

24 NEWTON CLOSE is a midsized detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £508,993. It was last sold for £313,000 in February 2014, which was around 44% above the average February 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

24 NEWTON CLOSE Sold Prices

Land registry data shows two sales for 24 NEWTON 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 NEWTON 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
2014 28 FEB	£313,000	£217,671	44% above HPI
2002 13 NOV	£217,995	£153,446	42% above HPI

24 NEWTON 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 NEWTON CLOSE sales from November 2002 and February 2014 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 November 2002 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the February 2014 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 24 NEWTON CLOSE be worth now?

24 NEWTON CLOSE might now be worth an estimated £508,993.

This is based on house price inflation of 62.6%, between February 2014 and May 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 62.6% inflationary increase is applied to the most recent sale price for 24 NEWTON CLOSE of £313,000 on 28th February 2014. For the value to have increased from £313,000 to £508,993 over the eleven years and nine months to May 2026, the following assumptions must hold true:

• The value of 24 NEWTON CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2014 sale price of £313,000 represented a fair market value for the property.
• The size, condition, and specification of 24 NEWTON CLOSE has not materially changed since February 2014.

How Large is 24 NEWTON CLOSE?

24 NEWTON CLOSE is 134m² according to the EPC inspection conducted in August 2013. This puts it in the largest 40% of detached houses houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowdham, and where 24 NEWTON CLOSE lies on this distribution: 60% of detached houses houses are smaller than 24 NEWTON CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

24 NEWTON CLOSE: Plot and Title Map

24 NEWTON CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 24 NEWTON 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 NEWTON 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 NEWTON CLOSE?

24 NEWTON CLOSE is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 24 on NEWTON CLOSE.