31, MACHIN CLOSE, TUXFORD, NEWARK, NG22 0JZ - £240,000

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

31 MACHIN CLOSE is a very large detached house of 184m², built sometime between 1996 and 2002. It was last sold for £240,000 in July 2005, which was around 34% above the average July 2005 detached price in the Bassetlaw local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

31 MACHIN CLOSE Sold Prices

Land registry data shows two sales for 31 MACHIN 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 Bassetlaw local authority area for the corresponding sale date. Both of the two 31 MACHIN 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
2005 5 JUL	£240,000	£179,244	34% above HPI
2001 11 JUL	£128,000	£84,472	52% above HPI

31 MACHIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The two 31 MACHIN CLOSE sales from July 2001 and July 2005 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 July 2001 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the July 2005 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 31 MACHIN CLOSE?

31 MACHIN CLOSE is 184m² according to the EPC inspection conducted in February 2011. This puts it in the largest 20% of detached houses in Tuxford, based on EPC data. The below chart shows the distribution of detached houses by size in Tuxford, and where 31 MACHIN CLOSE lies on this distribution: 84% of detached houses are smaller than 31 MACHIN CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Tuxford.

31 MACHIN CLOSE: Plot and Title Map

31 MACHIN CLOSE sits on a plot of roughly 0.308 of an acre, or 1,246m². The below map shows the location of 31 MACHIN 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 31 MACHIN 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 31 MACHIN CLOSE?

31 MACHIN CLOSE is located in TUXFORD, in the NG22 postcode district. The below map shows the position of No. 31 on MACHIN CLOSE.