5, MICKLEDALE CLOSE, BILSTHORPE, NEWARK, NG22 8QN - £182,000

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

5 MICKLEDALE CLOSE is a very small extended detached house of 75m², built sometime between 1976 and 1982, which could now be worth an estimated £203,296. It was last sold for £182,000 in December 2021, which was around 43% below the average December 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

5 MICKLEDALE CLOSE Sold Prices

Land registry data shows two sales for 5 MICKLEDALE 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 5 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
2021 22 DEC	£182,000	£321,418	43% below HPI
2005 4 NOV	£112,000	£215,923	48% below HPI

5 MICKLEDALE 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 5 MICKLEDALE CLOSE sales from November 2005 and December 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 November 2005 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2021 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 5 MICKLEDALE CLOSE be worth now?

5 MICKLEDALE CLOSE might now be worth an estimated £203,296.

This is based on house price inflation of 11.7%, between December 2021 and December 2024, 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 11.7% inflationary increase is applied to the most recent sale price for 5 MICKLEDALE CLOSE of £182,000 on 22nd December 2021. For the value to have increased from £182,000 to £203,296 over the three years to December 2024, the following assumptions must hold true:

• The value of 5 MICKLEDALE CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2021 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MICKLEDALE CLOSE has not materially changed since December 2021.

How Large is 5 MICKLEDALE CLOSE?

5 MICKLEDALE CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilsthorpe, and where 5 MICKLEDALE CLOSE lies on this distribution: 14% of detached houses houses are smaller than 5 MICKLEDALE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

5 MICKLEDALE CLOSE: Plot and Title Map

5 MICKLEDALE CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 5 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 5 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.

Where is 5 MICKLEDALE CLOSE?

5 MICKLEDALE CLOSE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 5 on MICKLEDALE CLOSE.