2, RUFFORD CLOSE, BILSTHORPE, NEWARK, NG22 8SW - £102,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 RUFFORD CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £102,500 in October 2013, which was around 49% below the average October 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

2 RUFFORD CLOSE Sold Prices

Land registry data shows two sales for 2 RUFFORD 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 RUFFORD 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
2013 18 OCT	£102,500	£202,526	49% below HPI
1996 15 MAR	£49,950	£70,425	29% below HPI

2 RUFFORD 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 RUFFORD CLOSE sales from March 1996 and October 2013 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 March 1996 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2013 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 2 RUFFORD CLOSE?

2 RUFFORD CLOSE is 76m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsthorpe, and where 2 RUFFORD CLOSE lies on this distribution: 15% of detached houses are smaller than 2 RUFFORD CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

2 RUFFORD CLOSE: Plot and Title Map

2 RUFFORD CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 2 RUFFORD 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 RUFFORD 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 RUFFORD CLOSE?

2 RUFFORD CLOSE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 2 on RUFFORD CLOSE.