9, MONKWOOD CLOSE, COLLINGHAM, NEWARK, NG23 7SY - £162,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 MONKWOOD CLOSE is a very small detached house of 59m², built sometime between 1976 and 1982. It was last sold for £162,500 in January 2021, which was around 44% below the average January 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

9 MONKWOOD CLOSE Sold Prices

Land registry data shows three sales for 9 MONKWOOD 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 9 MONKWOOD 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
2021 19 JAN	£162,500	£292,485	44% below HPI
2008 22 DEC	£122,000	£193,808	37% below HPI
2005 5 AUG	£123,000	£205,372	40% below HPI

9 MONKWOOD 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 9 MONKWOOD CLOSE sales between August 2005 and January 2021 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 December 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 9 MONKWOOD CLOSE?

9 MONKWOOD CLOSE is 59m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Collingham, based on EPC data. The below chart shows the distribution of detached houses by size in Collingham, and where 9 MONKWOOD CLOSE lies on this distribution: 2% of detached houses are smaller than 9 MONKWOOD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Collingham.

9 MONKWOOD CLOSE: Plot and Title Map

9 MONKWOOD CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 9 MONKWOOD 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 9 MONKWOOD 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 9 MONKWOOD CLOSE?

9 MONKWOOD CLOSE is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 9 on MONKWOOD CLOSE.