3, WORCESTER CLOSE, LOWDHAM, NOTTINGHAM, NG14 7WH - £515,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 WORCESTER CLOSE is a large extended detached house of 152m², built sometime between 1991 and 1995. It was last sold for £515,000 in January 2023, which was around 52% above the average January 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

3 WORCESTER CLOSE Sold Prices

Land registry data shows two sales for 3 WORCESTER 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 3 WORCESTER 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
2023 6 JAN	£515,000	£338,252	52% above HPI
1999 24 SEP	£135,000	£89,670	51% above HPI

3 WORCESTER 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 3 WORCESTER CLOSE sales from September 1999 and January 2023 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 1999 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the January 2023 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 3 WORCESTER CLOSE?

3 WORCESTER CLOSE is 152m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 3 WORCESTER CLOSE lies on this distribution: 72% of detached houses are smaller than 3 WORCESTER CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

3 WORCESTER CLOSE: Plot and Title Map

3 WORCESTER CLOSE sits on a plot of roughly 0.154 of an acre, or 621m². The below map shows the location of 3 WORCESTER 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 WORCESTER 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 WORCESTER CLOSE?

3 WORCESTER CLOSE is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 3 on WORCESTER CLOSE.