7, MORLEYS CLOSE, LOWDHAM, NOTTINGHAM, NG14 7HN - £395,000

7 MORLEYS CLOSE is a small extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £395,000 in October 2022, which was around 13% above the average October 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

7 MORLEYS CLOSE Sold Prices

Land registry data shows four sales for 7 MORLEYS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 7 MORLEYS 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
2022 28 OCT	£395,000	£349,006	13% above HPI
2006 4 APR	£243,000	£202,321	20% above HPI
2004 2 JUL	£232,500	£188,834	23% above HPI
1996 28 JUN	£99,950	£73,188	37% above HPI

7 MORLEYS 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 four 7 MORLEYS CLOSE sales between June 1996 and October 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 April 2006 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 7 MORLEYS CLOSE?

7 MORLEYS CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 7 MORLEYS CLOSE lies on this distribution: 28% of detached houses are smaller than 7 MORLEYS CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

7 MORLEYS CLOSE: Plot and Title Map

7 MORLEYS CLOSE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 7 MORLEYS 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 MORLEYS 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 MORLEYS CLOSE?

7 MORLEYS CLOSE is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 7 on MORLEYS CLOSE.