28, MICKLEDALE CLOSE, BILSTHORPE, NEWARK, NG22 8QN - £111,000

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

28 MICKLEDALE CLOSE is a large extended detached house of 125m², built sometime between 1967 and 1975, which could now be worth an estimated £226,315. It was last sold for £111,000 in June 2003, which was around 36% below the average June 2003 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

28 MICKLEDALE CLOSE Sold Prices

Land registry data shows two sales for 28 MICKLEDALE 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 28 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
2003 27 JUN	£111,000	£172,641	36% below HPI
2000 22 AUG	£43,000	£102,612	58% below HPI

28 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 two 28 MICKLEDALE CLOSE sales from August 2000 and June 2003 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 2000 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the June 2003 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 28 MICKLEDALE CLOSE be worth now?

28 MICKLEDALE CLOSE might now be worth an estimated £226,315.

This is based on house price inflation of 103.9%, between June 2003 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 103.9% inflationary increase is applied to the most recent sale price for 28 MICKLEDALE CLOSE of £111,000 on 27th June 2003. For the value to have increased from £111,000 to £226,315 over the 22 years and four months to February 2025, the following assumptions must hold true:

• The value of 28 MICKLEDALE CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2003 sale price of £111,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MICKLEDALE CLOSE has not materially changed since June 2003.

How Large is 28 MICKLEDALE CLOSE?

28 MICKLEDALE CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% 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 28 MICKLEDALE CLOSE lies on this distribution: 75% of detached houses houses are smaller than 28 MICKLEDALE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

28 MICKLEDALE CLOSE: Plot and Title Map

28 MICKLEDALE CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 28 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 28 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 28 MICKLEDALE CLOSE?

28 MICKLEDALE CLOSE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 28 on MICKLEDALE CLOSE.