41, CENTENARY CLOSE, NEW BALDERTON, NEWARK, NG24 3FE - £112,000

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

41 CENTENARY CLOSE is a very small detached house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £173,197. It was last sold for £112,000 in August 2008, which was around 51% below the average August 2008 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

41 CENTENARY CLOSE Sold Prices

Land registry data shows six sales for 41 CENTENARY CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the six 41 CENTENARY 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
2008 15 AUG	£112,000	£227,621	51% below HPI
2003 1 MAY	£89,950	£161,391	44% below HPI
2000 17 AUG	£47,000	£102,612	54% below HPI
2000 26 MAY	£42,500	£93,650	55% below HPI
2000 25 FEB	£50,000	£92,415	46% below HPI
1995 29 SEP	£44,750	£77,236	42% below HPI

41 CENTENARY 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 six 41 CENTENARY CLOSE sales between September 1995 and August 2008 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 May 2003 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2008 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 41 CENTENARY CLOSE be worth now?

41 CENTENARY CLOSE might now be worth an estimated £173,197.

This is based on house price inflation of 54.6%, between August 2008 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 54.6% inflationary increase is applied to the most recent sale price for 41 CENTENARY CLOSE of £112,000 on 15th August 2008. For the value to have increased from £112,000 to £173,197 over the seventeen years and six months to February 2025, the following assumptions must hold true:

• The value of 41 CENTENARY CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2008 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 41 CENTENARY CLOSE has not materially changed since August 2008.

How Large is 41 CENTENARY CLOSE?

41 CENTENARY CLOSE is 54m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Balderton, and where 41 CENTENARY CLOSE lies on this distribution: 3% of detached houses houses are smaller than 41 CENTENARY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Balderton.

41 CENTENARY CLOSE: Plot and Title Map

41 CENTENARY CLOSE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 41 CENTENARY 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 41 CENTENARY 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 41 CENTENARY CLOSE?

41 CENTENARY CLOSE is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 41 on CENTENARY CLOSE.