7, BENNINGTON CLOSE, LONG BENNINGTON, NEWARK, NG23 5HA - £480,000

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.

7 BENNINGTON CLOSE is a midsized extended detached house of 146m², built sometime between 1991 and 1995, which could now be worth an estimated £489,020. It was last sold for £480,000 in May 2023, which was around 33% above the average May 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

7 BENNINGTON CLOSE Sold Prices

Land registry data shows three sales for 7 BENNINGTON 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 South Kesteven local authority area for the corresponding sale date. All of the three 7 BENNINGTON 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
2023 18 MAY	£480,000	£359,682	33% above HPI
2020 17 MAR	£405,000	£301,827	34% above HPI
2009 7 OCT	£282,000	£207,240	36% above HPI

7 BENNINGTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 7 BENNINGTON CLOSE sales between October 2009 and May 2023 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 March 2020 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the May 2023 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 7 BENNINGTON CLOSE be worth now?

7 BENNINGTON CLOSE might now be worth an estimated £489,020.

This is based on house price inflation of 1.9%, between May 2023 and May 2026, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.9% inflationary increase is applied to the most recent sale price for 7 BENNINGTON CLOSE of £480,000 on 18th May 2023. For the value to have increased from £480,000 to £489,020 over the three years to May 2026, the following assumptions must hold true:

• The value of 7 BENNINGTON CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2023 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BENNINGTON CLOSE has not materially changed since May 2023.

How Large is 7 BENNINGTON CLOSE?

7 BENNINGTON CLOSE is 146m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% of detached houses houses in Long Bennington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Bennington, and where 7 BENNINGTON CLOSE lies on this distribution: 45% of detached houses houses are smaller than 7 BENNINGTON CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

7 BENNINGTON CLOSE: Plot and Title Map

7 BENNINGTON CLOSE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 7 BENNINGTON 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 7 BENNINGTON 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 7 BENNINGTON CLOSE?

7 BENNINGTON CLOSE is located in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of No. 7 on BENNINGTON CLOSE.