3, REVILL CLOSE, CLAYPOLE, NEWARK, NG23 5FJ - £305,000

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

3 REVILL CLOSE is a large extended detached house of 145m², built sometime between 1996 and 2002. It was last sold for £305,000 in June 2021, which was around 7% below the average June 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

3 REVILL CLOSE Sold Prices

Land registry data shows five sales for 3 REVILL 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 3 REVILL 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
2021 30 JUN	£305,000	£328,593	7% below HPI
2014 3 OCT	£225,000	£237,517	5% below HPI
2012 2 AUG	£210,000	£218,720	4% below HPI
2003 23 JAN	£145,000	£169,853	15% below HPI
1999 30 JUL	£81,950	£90,942	10% below HPI

3 REVILL 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 3 REVILL CLOSE sales between July 1999 and June 2021 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 October 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 REVILL CLOSE?

3 REVILL CLOSE is 145m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 30% of detached houses in Claypole, based on EPC data. The below chart shows the distribution of detached houses by size in Claypole, and where 3 REVILL CLOSE lies on this distribution: 74% of detached houses are smaller than 3 REVILL CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Claypole.

3 REVILL CLOSE: Plot and Title Map

3 REVILL CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 3 REVILL 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 3 REVILL 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 3 REVILL CLOSE?

3 REVILL CLOSE is located in CLAYPOLE, in the NG23 postcode district. The below map shows the position of No. 3 on REVILL CLOSE.