6, SIMPSON CLOSE, BALDERTON, NEWARK, NG24 3RD - £165,000

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.

6 SIMPSON CLOSE is a very small extended detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £177,661. It was last sold for £165,000 in May 2022, which was around 49% below the average May 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was B.

6 SIMPSON CLOSE Sold Prices

Land registry data shows six sales for 6 SIMPSON CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the six 6 SIMPSON 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
2022 3 MAY	£165,000	£325,464	49% below HPI
2017 29 SEP	£135,000	£269,982	50% below HPI
2010 16 JUN	£118,000	£209,021	44% below HPI
2002 15 AUG	£78,500	£145,712	46% below HPI
1997 29 APR	£43,000	£78,756	45% below HPI
1995 24 JUL	£44,250	£75,024	41% below HPI

6 SIMPSON 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 six 6 SIMPSON CLOSE sales between July 1995 and May 2022 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 September 2017 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the May 2022 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 6 SIMPSON CLOSE be worth now?

6 SIMPSON CLOSE might now be worth an estimated £177,661.

This is based on house price inflation of 7.7%, between May 2022 and June 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 7.7% inflationary increase is applied to the most recent sale price for 6 SIMPSON CLOSE of £165,000 on 3rd May 2022. For the value to have increased from £165,000 to £177,661 over the two years and eleven months to June 2025, the following assumptions must hold true:

• The value of 6 SIMPSON CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2022 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SIMPSON CLOSE has not materially changed since May 2022.

How Large is 6 SIMPSON CLOSE?

6 SIMPSON CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Balderton, and where 6 SIMPSON CLOSE lies on this distribution: 18% of detached houses houses are smaller than 6 SIMPSON CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Balderton.

6 SIMPSON CLOSE: Plot and Title Map

6 SIMPSON CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 6 SIMPSON 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 6 SIMPSON 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 6 SIMPSON CLOSE?

6 SIMPSON CLOSE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 6 on SIMPSON CLOSE.