2, BLACKTHORNE CLOSE, NEW BALDERTON, NEWARK, NG24 3ER - £96,000

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 BLACKTHORNE CLOSE is a very small semi-detached house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £162,983. It was last sold for £96,000 in May 2005, which was around 22% below the average May 2005 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was B.

2 BLACKTHORNE CLOSE Sold Prices

Land registry data shows three sales for 2 BLACKTHORNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 2 BLACKTHORNE 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
2005 20 MAY	£96,000	£123,813	22% below HPI
1998 30 OCT	£40,000	£48,881	18% below HPI
1995 20 MAR	£38,750	£40,007	3% below HPI

2 BLACKTHORNE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 2 BLACKTHORNE CLOSE sales between March 1995 and May 2005 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 October 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2005 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 BLACKTHORNE CLOSE be worth now?

2 BLACKTHORNE CLOSE might now be worth an estimated £162,983.

This is based on house price inflation of 69.8%, between May 2005 and December 2024, for semi-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 69.8% inflationary increase is applied to the most recent sale price for 2 BLACKTHORNE CLOSE of £96,000 on 20th May 2005. For the value to have increased from £96,000 to £162,983 over the eighteen years and five months to December 2024, the following assumptions must hold true:

• The value of 2 BLACKTHORNE CLOSE has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The May 2005 sale price of £96,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BLACKTHORNE CLOSE has not materially changed since May 2005.

How Large is 2 BLACKTHORNE CLOSE?

2 BLACKTHORNE CLOSE is 57m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of semi-detached houses houses in Balderton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Balderton, and where 2 BLACKTHORNE CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 2 BLACKTHORNE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Balderton.

2 BLACKTHORNE CLOSE: Plot and Title Map

2 BLACKTHORNE CLOSE sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 2 BLACKTHORNE 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 BLACKTHORNE 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 BLACKTHORNE CLOSE?

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