Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
8 GREEN CLOSE is a large extended detached house of 119m², built sometime between 1991 and 1995. It was last sold for £240,000 in November 2020, which was around 17% below the average November 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 8 GREEN CLOSE since 1st 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 8 GREEN 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 |
---|---|---|---|
2020 6 NOV | £240,000 | £289,408 | 17% below HPI |
2010 30 JUN | £140,000 | £200,785 | 30% below HPI |
2010 31 MAR | £155,000 | £204,028 | 24% below HPI |
2001 27 APR | £66,500 | £98,180 | 32% below HPI |
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 8 GREEN CLOSE sales between April 2001 and November 2020 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 June 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
8 GREEN CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses in Blidworth, based on EPC data. The below chart shows the distribution of detached houses by size in Blidworth, and where 8 GREEN CLOSE lies on this distribution: 66% of detached houses are smaller than 8 GREEN CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Blidworth.
8 GREEN CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 8 GREEN 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 8 GREEN 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.
8 GREEN CLOSE is located in BLIDWORTH, in the NG21 postcode district. The below map shows the position of No. 8 on GREEN CLOSE.