8, ANDERSON CLOSE, BALDERTON, NEWARK, NG24 3GD - £260,000

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

8 ANDERSON CLOSE is a very large extended detached house of 165m², built sometime between 1991 and 1995. It was last sold for £260,000 in October 2018, which was around 10% below the average October 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

8 ANDERSON CLOSE Sold Prices

Land registry data shows four sales for 8 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 8 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
2018 12 OCT	£260,000	£288,079	10% below HPI
2013 5 JUN	£190,000	£218,704	13% below HPI
2006 29 AUG	£177,500	£220,946	20% below HPI
2001 17 JAN	£92,000	£102,462	10% below HPI

8 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 8 ANDERSON CLOSE sales between January 2001 and October 2018 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 June 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 8 ANDERSON CLOSE be worth now?

8 ANDERSON CLOSE might now be worth an estimated £324,034.

This is based on house price inflation of 24.6%, between October 2018 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 24.6% inflationary increase is applied to the most recent sale price for 8 ANDERSON CLOSE of £260,000 on 12th October 2018. For the value to have increased from £260,000 to £324,034 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 8 ANDERSON CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ANDERSON CLOSE has not materially changed since October 2018.

How Large is 8 ANDERSON CLOSE?

8 ANDERSON CLOSE is 165m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 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 8 ANDERSON CLOSE lies on this distribution: 91% of detached houses houses are smaller than 8 ANDERSON CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Balderton.

8 ANDERSON CLOSE: Plot and Title Map

8 ANDERSON CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 8 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 8 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 8 ANDERSON CLOSE?

8 ANDERSON CLOSE is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 8 on ANDERSON CLOSE.