8, SIMPSON CLOSE, BALDERTON, NEWARK, NG24 3RD - £140,000

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.

8 SIMPSON CLOSE is a small extended semi-detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £171,976. It was last sold for £140,000 in December 2020, which was around 18% below the average December 2020 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

8 SIMPSON CLOSE Sold Prices

Land registry data shows three sales for 8 SIMPSON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 8 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
2020 18 DEC	£140,000	£171,592	18% below HPI
2018 15 JUN	£142,000	£154,476	8% below HPI
2006 29 JUN	£107,500	£127,198	15% below HPI

8 SIMPSON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 8 SIMPSON CLOSE sales between June 2006 and December 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 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 8 SIMPSON CLOSE be worth now?

8 SIMPSON CLOSE might now be worth an estimated £171,976.

This is based on house price inflation of 22.8%, between December 2020 and April 2026, for semi-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 22.8% inflationary increase is applied to the most recent sale price for 8 SIMPSON CLOSE of £140,000 on 18th December 2020. For the value to have increased from £140,000 to £171,976 over the six years and eight months to April 2026, the following assumptions must hold true:

• The value of 8 SIMPSON CLOSE has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The December 2020 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SIMPSON CLOSE has not materially changed since December 2020.

How Large is 8 SIMPSON CLOSE?

8 SIMPSON CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of semi-detached houses houses in Balderton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Balderton, and where 8 SIMPSON CLOSE lies on this distribution: 20% of semi-detached houses houses are smaller than 8 SIMPSON CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Balderton.

8 SIMPSON CLOSE: Plot and Title Map

8 SIMPSON CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 8 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 8 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 8 SIMPSON CLOSE?

8 SIMPSON CLOSE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 8 on SIMPSON CLOSE.