2, SWINBURNE CLOSE, BALDERTON, NEWARK, NG24 3QX - £176,000

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 SWINBURNE CLOSE is a very small detached house of 57m², built sometime between 1950 and 1966. It was last sold for £176,000 in June 2017, which was around 29% below the average June 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

2 SWINBURNE CLOSE Sold Prices

Land registry data shows two sales for 2 SWINBURNE 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 SWINBURNE 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 7 JUN	£176,000	£247,323	29% below HPI
1996 4 JUL	£40,500	£75,635	46% below HPI

2 SWINBURNE 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 SWINBURNE CLOSE sales from July 1996 and June 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 July 1996 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 SWINBURNE CLOSE?

2 SWINBURNE CLOSE is 57m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 2 SWINBURNE CLOSE lies on this distribution: 5% of detached houses are smaller than 2 SWINBURNE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Balderton.

2 SWINBURNE CLOSE: Plot and Title Map

2 SWINBURNE CLOSE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 2 SWINBURNE 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 SWINBURNE 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 SWINBURNE CLOSE?

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