24, MICKLEDALE CLOSE, BILSTHORPE, NEWARK, NG22 8QN - £110,000

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

24 MICKLEDALE CLOSE is a small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £167,397. It was last sold for £110,000 in March 2015, which was around 52% below the average March 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

24 MICKLEDALE CLOSE Sold Prices

Land registry data shows three sales for 24 MICKLEDALE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 24 MICKLEDALE 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
2015 27 MAR	£110,000	£231,302	52% below HPI
2011 4 AUG	£90,000	£215,122	58% below HPI
2005 11 JUL	£112,000	£214,347	48% below HPI

24 MICKLEDALE 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 three 24 MICKLEDALE CLOSE sales between July 2005 and March 2015 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 August 2011 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the March 2015 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 24 MICKLEDALE CLOSE be worth now?

24 MICKLEDALE CLOSE might now be worth an estimated £167,397.

This is based on house price inflation of 52.2%, between March 2015 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.2% inflationary increase is applied to the most recent sale price for 24 MICKLEDALE CLOSE of £110,000 on 27th March 2015. For the value to have increased from £110,000 to £167,397 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 24 MICKLEDALE CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The March 2015 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MICKLEDALE CLOSE has not materially changed since March 2015.

How Large is 24 MICKLEDALE CLOSE?

24 MICKLEDALE CLOSE is 87m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% of detached houses houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilsthorpe, and where 24 MICKLEDALE CLOSE lies on this distribution: 30% of detached houses houses are smaller than 24 MICKLEDALE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

24 MICKLEDALE CLOSE: Plot and Title Map

24 MICKLEDALE CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 24 MICKLEDALE 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 24 MICKLEDALE 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 24 MICKLEDALE CLOSE?

24 MICKLEDALE CLOSE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 24 on MICKLEDALE CLOSE.