2, ACORN CLOSE, NEW BALDERTON, NEWARK, NG24 3AX - £119,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 ACORN CLOSE is a very small detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £164,901. It was last sold for £119,500 in July 2017, which was around 54% below the average July 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

2 ACORN CLOSE Sold Prices

Land registry data shows two sales for 2 ACORN 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 2 ACORN 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
2017 13 JUL	£119,500	£260,179	54% below HPI
1996 9 MAY	£41,500	£75,569	45% below HPI

2 ACORN 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 2 ACORN CLOSE sales from May 1996 and July 2017 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 May 1996 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2017 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 2 ACORN CLOSE be worth now?

2 ACORN CLOSE might now be worth an estimated £164,901.

This is based on house price inflation of 38%, between July 2017 and December 2024, 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 38% inflationary increase is applied to the most recent sale price for 2 ACORN CLOSE of £119,500 on 13th July 2017. For the value to have increased from £119,500 to £164,901 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 ACORN CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2017 sale price of £119,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ACORN CLOSE has not materially changed since July 2017.

How Large is 2 ACORN CLOSE?

2 ACORN CLOSE is 62m² according to the EPC inspection conducted in March 2017. 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 2 ACORN CLOSE lies on this distribution: 9% of detached houses houses are smaller than 2 ACORN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Balderton.

2 ACORN CLOSE: Plot and Title Map

2 ACORN CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 2 ACORN 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 2 ACORN 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 2 ACORN CLOSE?

2 ACORN CLOSE is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 2 on ACORN CLOSE.