6, SIMPSON CLOSE, BALDERTON, NEWARK, NG24 3RD - £165,000

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

6 SIMPSON CLOSE is a very small extended detached house of 69m², built sometime between 1996 and 2002. It was last sold for £165,000 in May 2022, which was around 47% below the average May 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was B.

6 SIMPSON CLOSE Sold Prices

Land registry data shows six sales for 6 SIMPSON 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 6 SIMPSON 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
2022 3 MAY	£165,000	£312,640	47% below HPI
2017 29 SEP	£135,000	£259,345	48% below HPI
2010 16 JUN	£118,000	£200,785	41% below HPI
2002 15 AUG	£78,500	£139,971	44% below HPI
1997 29 APR	£43,000	£75,653	43% below HPI
1995 24 JUL	£44,250	£72,067	39% below HPI

6 SIMPSON 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 6 SIMPSON CLOSE sales between July 1995 and May 2022 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 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2022 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 6 SIMPSON CLOSE?

6 SIMPSON CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 6 SIMPSON CLOSE lies on this distribution: 19% of detached houses are smaller than 6 SIMPSON CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Balderton.

6 SIMPSON CLOSE: Plot and Title Map

6 SIMPSON CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 6 SIMPSON 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 6 SIMPSON 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 6 SIMPSON CLOSE?

6 SIMPSON CLOSE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 6 on SIMPSON CLOSE.