2, REVILL CLOSE, CLAYPOLE, NEWARK, NG23 5FJ - £205,000

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 REVILL CLOSE is a small detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £263,204. It was last sold for £205,000 in August 2017, which was around 28% below the average August 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

2 REVILL CLOSE Sold Prices

Land registry data shows four sales for 2 REVILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 2 REVILL 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 4 AUG	£205,000	£284,020	28% below HPI
2010 11 JUN	£165,000	£210,636	22% below HPI
2008 7 MAY	£182,000	£238,311	24% below HPI
1999 25 JUN	£75,950	£88,159	14% below HPI

2 REVILL 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 four 2 REVILL CLOSE sales between June 1999 and August 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 June 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 REVILL CLOSE be worth now?

2 REVILL CLOSE might now be worth an estimated £263,204.

This is based on house price inflation of 28.4%, between August 2017 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.4% inflationary increase is applied to the most recent sale price for 2 REVILL CLOSE of £205,000 on 4th August 2017. For the value to have increased from £205,000 to £263,204 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 2 REVILL CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2017 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REVILL CLOSE has not materially changed since August 2017.

How Large is 2 REVILL CLOSE?

2 REVILL CLOSE is 108m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% of detached houses houses in Claypole, based on EPC data. The below chart shows the distribution of detached houses houses by size in Claypole, and where 2 REVILL CLOSE lies on this distribution: 35% of detached houses houses are smaller than 2 REVILL CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Claypole.

2 REVILL CLOSE: Plot and Title Map

2 REVILL CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 2 REVILL 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 REVILL 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 REVILL CLOSE?

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