3, LUMLEY CLOSE, BILSTHORPE, NEWARK, NG22 8UB - £225,000

3 LUMLEY CLOSE is a very large extended detached house of 158m², built sometime between 2003 and 2006. It was last sold for £225,000 in June 2017, which was around 9% below the average June 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

3 LUMLEY CLOSE Sold Prices

Land registry data shows three sales for 3 LUMLEY 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 3 LUMLEY 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
2017 30 JUN	£225,000	£247,323	9% below HPI
2015 30 JAN	£190,000	£222,312	15% below HPI
2009 27 NOV	£192,500	£204,033	6% below HPI

3 LUMLEY 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 3 LUMLEY CLOSE sales between November 2009 and June 2017 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 January 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 LUMLEY CLOSE?

3 LUMLEY CLOSE is 158m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsthorpe, and where 3 LUMLEY CLOSE lies on this distribution: 93% of detached houses are smaller than 3 LUMLEY CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

3 LUMLEY CLOSE: Plot and Title Map

3 LUMLEY CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 LUMLEY 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 LUMLEY 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 LUMLEY CLOSE?

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