23, COTTAGE CLOSE, BALDERTON, NEWARK, NG24 3GU - £120,000

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

23 COTTAGE CLOSE is a large detached house of 109m², built sometime between 1996 and 2002. It was last sold for £120,000 in March 2002, which was around 10% above the average March 2002 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

23 COTTAGE CLOSE Sold Prices

Land registry data shows two sales for 23 COTTAGE 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 23 COTTAGE CLOSE sales were for above 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
2002 28 MAR	£120,000	£108,754	10% above HPI
1997 19 SEP	£84,200	£79,684	6% above HPI

23 COTTAGE 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 23 COTTAGE CLOSE sales from September 1997 and March 2002 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 September 1997 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2002 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 23 COTTAGE CLOSE?

23 COTTAGE CLOSE is 109m² according to the EPC inspection conducted in July 2024. This puts it in the largest 40% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 23 COTTAGE CLOSE lies on this distribution: 66% of detached houses are smaller than 23 COTTAGE CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Balderton.

23 COTTAGE CLOSE: Plot and Title Map

23 COTTAGE CLOSE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 23 COTTAGE 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 23 COTTAGE 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 23 COTTAGE CLOSE?

23 COTTAGE CLOSE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 23 on COTTAGE CLOSE.