3, GOODMAN CLOSE, BILSTHORPE, NEWARK, NG22 8UJ - £140,000

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.

3 GOODMAN CLOSE is a small detached house of 92m², built sometime from 2012 onwards, which could now be worth an estimated £143,972. It was last sold for £140,000 in July 2024, which was around 59% below the average July 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

3 GOODMAN CLOSE Sold Prices

Land registry data shows two sales for 3 GOODMAN 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 3 GOODMAN 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
2024 19 JUL	£140,000	£342,282	59% below HPI
2017 30 MAY	£179,950	£256,542	30% below HPI

3 GOODMAN 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 3 GOODMAN CLOSE sales from May 2017 and July 2024 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 May 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2024 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

What might 3 GOODMAN CLOSE be worth now?

3 GOODMAN CLOSE might now be worth an estimated £143,972.

This is based on house price inflation of 2.8%, between July 2024 and February 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 2.8% inflationary increase is applied to the most recent sale price for 3 GOODMAN CLOSE of £140,000 on 19th July 2024. For the value to have increased from £140,000 to £143,972 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 3 GOODMAN CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2024 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GOODMAN CLOSE has not materially changed since July 2024.

How Large is 3 GOODMAN CLOSE?

3 GOODMAN CLOSE is 92m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 40% 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 3 GOODMAN CLOSE lies on this distribution: 35% of detached houses houses are smaller than 3 GOODMAN CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

3 GOODMAN CLOSE: Plot and Title Map

3 GOODMAN CLOSE sits on a plot of roughly 0.201 of an acre, or 813m². The below map shows the location of 3 GOODMAN 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 3 GOODMAN 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 3 GOODMAN CLOSE?

3 GOODMAN CLOSE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 3 on GOODMAN CLOSE.