8, ELTON CLOSE, BALDERTON, NEWARK, NG24 3JY - £250,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

8 ELTON CLOSE is a small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £250,000 in July 2022, which was around 23% below the average July 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was C.

8 ELTON CLOSE Sold Prices

Land registry data shows six sales for 8 ELTON 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 8 ELTON 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 15 JUL	£250,000	£325,338	23% below HPI
2021 11 JAN	£195,000	£292,485	33% below HPI
2014 26 SEP	£114,750	£224,788	49% below HPI
2009 30 NOV	£126,000	£204,033	38% below HPI
2007 7 DEC	£135,500	£225,534	40% below HPI
1998 30 NOV	£54,000	£86,550	38% below HPI

8 ELTON 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 8 ELTON CLOSE sales between November 1998 and July 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 January 2021 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 ELTON CLOSE?

8 ELTON CLOSE is 72m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 8 ELTON CLOSE lies on this distribution: 25% of detached houses are smaller than 8 ELTON CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Balderton.

8 ELTON CLOSE: Plot and Title Map

8 ELTON CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 8 ELTON 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 ELTON 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 ELTON CLOSE?

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