7, SIMPSON CLOSE, BALDERTON, NEWARK, NG24 3RD - £120,000

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 SIMPSON CLOSE is a very small terraced house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £194,536. It was last sold for £120,000 in August 2010, which was around 12% above the average August 2010 terraced price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

7 SIMPSON CLOSE Sold Prices

Land registry data shows two sales for 7 SIMPSON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 7 SIMPSON 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
2010 12 AUG	£120,000	£106,893	12% above HPI
2003 16 OCT	£91,000	£77,092	18% above HPI

7 SIMPSON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 7 SIMPSON CLOSE sales from October 2003 and August 2010 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 October 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2010 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 7 SIMPSON CLOSE be worth now?

7 SIMPSON CLOSE might now be worth an estimated £194,536.

This is based on house price inflation of 62.1%, between August 2010 and April 2026, for terraced 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 62.1% inflationary increase is applied to the most recent sale price for 7 SIMPSON CLOSE of £120,000 on 12th August 2010. For the value to have increased from £120,000 to £194,536 over the sixteen years and four months to April 2026, the following assumptions must hold true:

• The value of 7 SIMPSON CLOSE has moved in line with the HPI for terraced houses in the Newark and Sherwood local authority area.
• The August 2010 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SIMPSON CLOSE has not materially changed since August 2010.

How Large is 7 SIMPSON CLOSE?

7 SIMPSON CLOSE is 69m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% of terraced houses houses in Balderton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Balderton, and where 7 SIMPSON CLOSE lies on this distribution: 17% of terraced houses houses are smaller than 7 SIMPSON CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Balderton.

7 SIMPSON CLOSE: Plot and Title Map

7 SIMPSON CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 7 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 7 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 7 SIMPSON CLOSE?

7 SIMPSON CLOSE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 7 on SIMPSON CLOSE.