9, RICHMOND CLOSE, NEW BALDERTON, NEWARK, NG24 3EX - £130,000

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

9 RICHMOND CLOSE is a small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £130,000 in August 2003, which was around 23% below the average August 2003 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

9 RICHMOND CLOSE Sold Prices

Land registry data shows two sales for 9 RICHMOND 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 9 RICHMOND 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
2003 11 AUG	£130,000	£169,610	23% below HPI
2000 31 OCT	£77,000	£100,527	23% below HPI

9 RICHMOND 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 9 RICHMOND CLOSE sales from October 2000 and August 2003 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 October 2000 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2003 sale, which was also at 23% below the HPI.

How Large is 9 RICHMOND CLOSE?

9 RICHMOND CLOSE is 74m² according to the EPC inspection conducted in April 2014. 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 9 RICHMOND CLOSE lies on this distribution: 26% of detached houses are smaller than 9 RICHMOND CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Balderton.

9 RICHMOND CLOSE: Plot and Title Map

9 RICHMOND CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 9 RICHMOND 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 RICHMOND 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 RICHMOND CLOSE?

9 RICHMOND CLOSE is located in NEW BALDERTON, in the NG24 postcode district. The below map shows the position of No. 9 on RICHMOND CLOSE.