13, ELM CLOSE, LONG BENNINGTON, NEWARK, NG23 5EZ - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

13 ELM CLOSE is a very small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £340,000 in June 2023, which was around 8% below the average June 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

13 ELM CLOSE Sold Prices

Land registry data shows three sales for 13 ELM 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 South Kesteven local authority area for the corresponding sale date. All of the three 13 ELM 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
2023 27 JUN	£340,000	£370,706	8% below HPI
2019 28 JUN	£250,000	£297,485	16% below HPI
1996 6 FEB	£47,000	£67,888	31% below HPI

13 ELM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 13 ELM CLOSE sales between February 1996 and June 2023 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 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 13 ELM CLOSE?

13 ELM CLOSE is 87m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Long Bennington, based on EPC data. The below chart shows the distribution of detached houses by size in Long Bennington, and where 13 ELM CLOSE lies on this distribution: 8% of detached houses are smaller than 13 ELM CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

13 ELM CLOSE: Plot and Title Map

13 ELM CLOSE sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 13 ELM 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 13 ELM 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 13 ELM CLOSE?

13 ELM CLOSE is located in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of No. 13 on ELM CLOSE.