18, ELM CLOSE, LONG BENNINGTON, NEWARK, NG23 5EZ - £255,000

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

18 ELM CLOSE is a small detached house of 133m², built sometime between 1967 and 1975. It was last sold for £255,000 in August 2019, which was around 18% below the average August 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

18 ELM CLOSE Sold Prices

Land registry data shows two sales for 18 ELM 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 South Kesteven local authority area for the corresponding sale date. Both of the two 18 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
2019 2 AUG	£255,000	£310,946	18% below HPI
1995 15 SEP	£60,000	£72,250	17% below HPI

18 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 two 18 ELM CLOSE sales from September 1995 and August 2019 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 September 1995 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 18 ELM CLOSE?

18 ELM CLOSE is 133m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% 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 18 ELM CLOSE lies on this distribution: 37% of detached houses are smaller than 18 ELM CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

18 ELM CLOSE: Plot and Title Map

18 ELM CLOSE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 18 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 18 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 18 ELM CLOSE?

18 ELM CLOSE is located in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of No. 18 on ELM CLOSE.