1, QUEENS CLOSE, EAST MARKHAM, NEWARK, NG22 0QY - £197,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 QUEENS CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £340,573. It was last sold for £197,500 in November 2005, which was around 9% above the average November 2005 detached price in the Bassetlaw local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

1 QUEENS CLOSE Sold Prices

Land registry data shows three sales for 1 QUEENS 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 Bassetlaw local authority area for the corresponding sale date. All of the three 1 QUEENS 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
2005 2 NOV	£197,500	£181,346	9% above HPI
2001 5 JUL	£99,500	£85,404	17% above HPI
1995 19 DEC	£66,500	£64,346	3% above HPI

1 QUEENS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The three 1 QUEENS CLOSE sales between December 1995 and November 2005 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 July 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2005 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 1 QUEENS CLOSE be worth now?

1 QUEENS CLOSE might now be worth an estimated £340,573.

This is based on house price inflation of 72.4%, between November 2005 and February 2025, for detached houses, in the Bassetlaw local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.4% inflationary increase is applied to the most recent sale price for 1 QUEENS CLOSE of £197,500 on 2nd November 2005. For the value to have increased from £197,500 to £340,573 over the twenty years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 QUEENS CLOSE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The November 2005 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 1 QUEENS CLOSE has not materially changed since November 2005.

How Large is 1 QUEENS CLOSE?

1 QUEENS CLOSE is 78m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses houses in East Markham, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Markham, and where 1 QUEENS CLOSE lies on this distribution: 4% of detached houses houses are smaller than 1 QUEENS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in East Markham.

1 QUEENS CLOSE: Plot and Title Map

1 QUEENS CLOSE sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 1 QUEENS 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 1 QUEENS 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 1 QUEENS CLOSE?

1 QUEENS CLOSE is located in EAST MARKHAM, in the NG22 postcode district. The below map shows the position of No. 1 on QUEENS CLOSE.