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

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

1 QUEENS CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £197,500 in November 2005, which was around 10% 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	£179,368	10% above HPI
2001 5 JUL	£99,500	£84,472	18% above HPI
1995 19 DEC	£66,500	£63,644	4% 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 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2005 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

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 in East Markham, based on EPC data. The below chart shows the distribution of detached houses by size in East Markham, and where 1 QUEENS CLOSE lies on this distribution: 5% of detached houses are smaller than 1 QUEENS CLOSE, and 95% 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.