8, WESLEY CLOSE, BALDERTON, NEWARK, NG24 3LH - £240,000

8 WESLEY CLOSE is a midsized extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £240,000 in August 2020, which was around 13% below the average August 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

8 WESLEY CLOSE Sold Prices

Land registry data shows three sales for 8 WESLEY 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 Newark and Sherwood local authority area for the corresponding sale date. Two of the three 8 WESLEY CLOSE sales were for below the average price, whilst one was 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
2020 14 AUG	£240,000	£275,638	13% below HPI
2003 11 APR	£160,000	£157,448	2% above HPI
1998 19 JAN	£69,950	£76,216	8% below HPI

8 WESLEY 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 three 8 WESLEY CLOSE sales between January 1998 and August 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 April 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 WESLEY CLOSE?

8 WESLEY CLOSE is 100m², which includes three extensions, according to the EPC inspection conducted in November 2019. This puts it in the largest 50% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 8 WESLEY CLOSE lies on this distribution: 56% of detached houses are smaller than 8 WESLEY CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Balderton.

8 WESLEY CLOSE: Plot and Title Map

8 WESLEY CLOSE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 8 WESLEY 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 WESLEY 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 WESLEY CLOSE?

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