2, SCOTT CLOSE, CLAYPOLE, NEWARK, NG23 5FL - £280,000

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 SCOTT CLOSE is a large extended detached house of 132m², built sometime between 1996 and 2002. It was last sold for £280,000 in December 2018, which was around 7% below the average December 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

2 SCOTT CLOSE Sold Prices

Land registry data shows five sales for 2 SCOTT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 2 SCOTT 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
2018 3 DEC	£280,000	£300,571	7% below HPI
2012 2 APR	£203,000	£214,583	5% below HPI
2010 21 SEP	£205,500	£221,719	7% below HPI
2004 27 AUG	£201,000	£207,757	3% below HPI
2000 2 JUN	£101,950	£105,723	4% below HPI

2 SCOTT 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 five 2 SCOTT CLOSE sales between June 2000 and December 2018 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 April 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 SCOTT CLOSE?

2 SCOTT CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 40% of detached houses in Claypole, based on EPC data. The below chart shows the distribution of detached houses by size in Claypole, and where 2 SCOTT CLOSE lies on this distribution: 62% of detached houses are smaller than 2 SCOTT CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Claypole.

2 SCOTT CLOSE: Plot and Title Map

2 SCOTT CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 SCOTT 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 SCOTT 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 SCOTT CLOSE?

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