12A, BROOME CLOSE, NEW BALDERTON, NEWARK, NG24 3DE - £149,950

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.

12A BROOME CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £238,966. It was last sold for £149,950 in September 2006, which was around 32% below the average September 2006 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.

12A BROOME CLOSE Sold Prices

Land registry data shows four sales for 12A BROOME CLOSE since 1^st 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 12A BROOME 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
2006 29 SEP	£149,950	£220,874	32% below HPI
2004 30 APR	£117,000	£189,370	38% below HPI
2002 21 JUN	£83,000	£129,733	36% below HPI
1999 2 AUG	£56,000	£91,467	39% below HPI

12A BROOME 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 four 12A BROOME CLOSE sales between August 1999 and September 2006 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 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2006 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12A BROOME CLOSE be worth now?

12A BROOME CLOSE might now be worth an estimated £238,966.

This is based on house price inflation of 59.4%, between September 2006 and February 2025, for 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 59.4% inflationary increase is applied to the most recent sale price for 12A BROOME CLOSE of £149,950 on 29th September 2006. For the value to have increased from £149,950 to £238,966 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 12A BROOME CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2006 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 12A BROOME CLOSE has not materially changed since September 2006.

How Large is 12A BROOME CLOSE?

12A BROOME CLOSE is 69m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Balderton, and where 12A BROOME CLOSE lies on this distribution: 18% of detached houses houses are smaller than 12A BROOME CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Balderton.

12A BROOME CLOSE: Plot and Title Map

12A BROOME CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 12A BROOME 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 12A BROOME 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 12A BROOME CLOSE?

12A BROOME CLOSE is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 12A on BROOME CLOSE.