2, CLIPSHAM CLOSE, BALDERTON, NEWARK, NG24 3LD - £170,250

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 CLIPSHAM CLOSE is a very small detached house of 60m², built sometime between 1996 and 2002, which could now be worth an estimated £197,671. It was last sold for £170,250 in August 2021, which was around 45% below the average August 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

2 CLIPSHAM CLOSE Sold Prices

Land registry data shows three sales for 2 CLIPSHAM 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 Newark and Sherwood local authority area for the corresponding sale date. All of the three 2 CLIPSHAM 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
2021 27 AUG	£170,250	£309,224	45% below HPI
2001 6 JUL	£75,500	£107,578	30% below HPI
1996 2 JUL	£49,353	£78,737	37% below HPI

2 CLIPSHAM 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 three 2 CLIPSHAM CLOSE sales between July 1996 and August 2021 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 July 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 2 CLIPSHAM CLOSE be worth now?

2 CLIPSHAM CLOSE might now be worth an estimated £197,671.

This is based on house price inflation of 16.1%, between August 2021 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 16.1% inflationary increase is applied to the most recent sale price for 2 CLIPSHAM CLOSE of £170,250 on 27th August 2021. For the value to have increased from £170,250 to £197,671 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 CLIPSHAM CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2021 sale price of £170,250 represented a fair market value for the property.
• The size, condition, and specification of 2 CLIPSHAM CLOSE has not materially changed since August 2021.

How Large is 2 CLIPSHAM CLOSE?

2 CLIPSHAM CLOSE is 60m² according to the EPC inspection conducted in June 2019. 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 CLIPSHAM CLOSE lies on this distribution: 7% of detached houses houses are smaller than 2 CLIPSHAM CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Balderton.

2 CLIPSHAM CLOSE: Plot and Title Map

2 CLIPSHAM CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 2 CLIPSHAM 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 CLIPSHAM 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 CLIPSHAM CLOSE?

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