7, MACHIN CLOSE, TUXFORD, NEWARK, NG22 0JZ - £140,000

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

7 MACHIN CLOSE is a small extended detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £208,653. It was last sold for £140,000 in November 2016, which was around 34% below the average November 2016 detached price in the Bassetlaw local authority area. The most recent EPC inspection was March 2011, where the current energy rating was F, and the potential energy rating was F.

7 MACHIN CLOSE Sold Prices

Land registry data shows four sales for 7 MACHIN 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 Bassetlaw local authority area for the corresponding sale date. All of the four 7 MACHIN 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
2016 17 NOV	£140,000	£212,218	34% below HPI
2012 2 MAR	£115,000	£169,812	32% below HPI
2011 1 SEP	£102,000	£174,114	41% below HPI
2004 31 MAR	£110,000	£150,392	27% below HPI

7 MACHIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The four 7 MACHIN CLOSE sales between March 2004 and November 2016 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 March 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 7 MACHIN CLOSE be worth now?

7 MACHIN CLOSE might now be worth an estimated £208,653.

This is based on house price inflation of 49%, between November 2016 and December 2024, for detached houses, in the Bassetlaw local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49% inflationary increase is applied to the most recent sale price for 7 MACHIN CLOSE of £140,000 on 17th November 2016. For the value to have increased from £140,000 to £208,653 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 MACHIN CLOSE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The November 2016 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MACHIN CLOSE has not materially changed since November 2016.

How Large is 7 MACHIN CLOSE?

7 MACHIN CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses houses in Tuxford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tuxford, and where 7 MACHIN CLOSE lies on this distribution: 36% of detached houses houses are smaller than 7 MACHIN CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Tuxford.

7 MACHIN CLOSE: Plot and Title Map

7 MACHIN CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 7 MACHIN 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 MACHIN 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 MACHIN CLOSE?

7 MACHIN CLOSE is located in TUXFORD, in the NG22 postcode district. The below map shows the position of No. 7 on MACHIN CLOSE.