7, ANDERSON CLOSE, BALDERTON, NEWARK, NG24 3GD - £297,500

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

7 ANDERSON CLOSE is a very large extended detached house of 137m², built sometime between 1996 and 2002. It was last sold for £297,500 in November 2021, which was around 7% below the average November 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

7 ANDERSON CLOSE Sold Prices

Land registry data shows four sales for 7 ANDERSON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 7 ANDERSON 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 18 NOV	£297,500	£318,845	7% below HPI
2007 31 AUG	£178,000	£233,422	24% below HPI
2006 3 FEB	£175,000	£207,742	16% below HPI
2000 30 NOV	£89,000	£104,722	15% below HPI

7 ANDERSON 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 four 7 ANDERSON CLOSE sales between November 2000 and November 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 August 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 7 ANDERSON CLOSE be worth now?

7 ANDERSON CLOSE might now be worth an estimated £334,993.

This is based on house price inflation of 12.6%, between November 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 12.6% inflationary increase is applied to the most recent sale price for 7 ANDERSON CLOSE of £297,500 on 18th November 2021. For the value to have increased from £297,500 to £334,993 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 ANDERSON CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2021 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 7 ANDERSON CLOSE has not materially changed since November 2021.

How Large is 7 ANDERSON CLOSE?

7 ANDERSON CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% 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 7 ANDERSON CLOSE lies on this distribution: 84% of detached houses houses are smaller than 7 ANDERSON CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Balderton.

7 ANDERSON CLOSE: Plot and Title Map

7 ANDERSON CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 7 ANDERSON 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 7 ANDERSON 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 7 ANDERSON CLOSE?

7 ANDERSON CLOSE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 7 on ANDERSON CLOSE.