15, BROOKE CLOSE, BALDERTON, NEWARK, NG24 3QN - £155,585

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.

15 BROOKE CLOSE is a very small extended detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £257,325. It was last sold for £155,585 in September 2011, which was around 27% below the average September 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

15 BROOKE CLOSE Sold Prices

Land registry data shows two sales for 15 BROOKE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 15 BROOKE 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
2011 16 SEP	£155,585	£212,824	27% below HPI
2002 5 JUN	£77,500	£129,733	40% below HPI

15 BROOKE 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 two 15 BROOKE CLOSE sales from June 2002 and September 2011 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 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2011 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 15 BROOKE CLOSE be worth now?

15 BROOKE CLOSE might now be worth an estimated £257,325.

This is based on house price inflation of 65.4%, between September 2011 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 65.4% inflationary increase is applied to the most recent sale price for 15 BROOKE CLOSE of £155,585 on 16th September 2011. For the value to have increased from £155,585 to £257,325 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 BROOKE CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2011 sale price of £155,585 represented a fair market value for the property.
• The size, condition, and specification of 15 BROOKE CLOSE has not materially changed since September 2011.

How Large is 15 BROOKE CLOSE?

15 BROOKE CLOSE is 62m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% 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 15 BROOKE CLOSE lies on this distribution: 10% of detached houses houses are smaller than 15 BROOKE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Balderton.

15 BROOKE CLOSE: Plot and Title Map

15 BROOKE CLOSE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 15 BROOKE 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 15 BROOKE 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 15 BROOKE CLOSE?

15 BROOKE CLOSE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 15 on BROOKE CLOSE.