8, SIMPSON CLOSE, BALDERTON, NEWARK, NG24 3RD - £140,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 SIMPSON CLOSE is a small extended semi-detached house of 70m², built sometime between 1996 and 2002. It was last sold for £140,000 in December 2020, which was around 52% below the average December 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

8 SIMPSON CLOSE Sold Prices

Land registry data shows three sales for 8 SIMPSON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 8 SIMPSON 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
2020 18 DEC	£140,000	£291,032	52% below HPI
2018 15 JUN	£142,000	£259,097	45% below HPI
2006 29 JUN	£107,500	£207,227	48% below HPI

8 SIMPSON 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 three 8 SIMPSON CLOSE sales between June 2006 and December 2020 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 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2020 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 8 SIMPSON CLOSE?

8 SIMPSON CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in January 2017. 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 SIMPSON CLOSE lies on this distribution: 21% of detached houses are smaller than 8 SIMPSON CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Balderton.

8 SIMPSON CLOSE: Plot and Title Map

8 SIMPSON CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 8 SIMPSON 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 SIMPSON 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 SIMPSON CLOSE?

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