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
4 MICKLEDALE CLOSE is a small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £180,000 in November 2020, which was around 38% below the average November 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 4 MICKLEDALE CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the five 4 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 |
---|---|---|---|
2020 18 NOV | £180,000 | £289,408 | 38% below HPI |
2006 28 JUN | £133,000 | £207,227 | 36% below HPI |
2002 23 APR | £58,000 | £109,056 | 47% below HPI |
2001 13 JUL | £32,000 | £103,340 | 69% below HPI |
1995 9 JAN | £36,000 | £66,852 | 46% below HPI |
The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The five 4 MICKLEDALE CLOSE sales between January 1995 and November 2020 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 June 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
4 MICKLEDALE CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsthorpe, and where 4 MICKLEDALE CLOSE lies on this distribution: 24% of detached houses are smaller than 4 MICKLEDALE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.
4 MICKLEDALE CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 4 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 4 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.
4 MICKLEDALE CLOSE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 4 on MICKLEDALE CLOSE.