2, CROWN CLOSE, COLLINGHAM, NEWARK, NG23 7PG - £273,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 CROWN CLOSE is a very small extended detached house of 88m², built sometime between 1976 and 1982. It was last sold for £273,000 in September 2021, which was around 8% below the average September 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

2 CROWN CLOSE Sold Prices

Land registry data shows three sales for 2 CROWN 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 CROWN 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 30 SEP	£273,000	£296,194	8% below HPI
2014 16 DEC	£189,250	£218,006	13% below HPI
1997 24 NOV	£65,000	£76,378	15% below HPI

2 CROWN 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 CROWN CLOSE sales between November 1997 and September 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 December 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 CROWN CLOSE?

2 CROWN CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of detached houses in Collingham, based on EPC data. The below chart shows the distribution of detached houses by size in Collingham, and where 2 CROWN CLOSE lies on this distribution: 19% of detached houses are smaller than 2 CROWN CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Collingham.

2 CROWN CLOSE: Plot and Title Map

2 CROWN CLOSE sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 2 CROWN 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 CROWN 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 CROWN CLOSE?

2 CROWN CLOSE is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 2 on CROWN CLOSE.