8, EDGE CLOSE, NORTH MUSKHAM, NEWARK, NG23 6FG - £260,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 EDGE CLOSE is a midsized detached house of 128m², built sometime between 1996 and 2002. It was last sold for £260,000 in September 2007, which was around 13% above the average September 2007 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

8 EDGE CLOSE Sold Prices

Land registry data shows two sales for 8 EDGE 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 8 EDGE CLOSE sales were for above 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
2007 3 SEP	£260,000	£229,538	13% above HPI
2001 29 JAN	£154,500	£98,425	57% above HPI

8 EDGE 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 8 EDGE CLOSE sales from January 2001 and September 2007 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 January 2001 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the September 2007 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 8 EDGE CLOSE?

8 EDGE CLOSE is 128m² according to the EPC inspection conducted in November 2015. This puts it in the largest 50% of detached houses in North Muskham, based on EPC data. The below chart shows the distribution of detached houses by size in North Muskham, and where 8 EDGE CLOSE lies on this distribution: 49% of detached houses are smaller than 8 EDGE CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

8 EDGE CLOSE: Plot and Title Map

8 EDGE CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 8 EDGE 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 EDGE 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 EDGE CLOSE?

8 EDGE CLOSE is located in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of No. 8 on EDGE CLOSE.