9, WOODBANK CLOSE, BILSTHORPE, NEWARK, NG22 8UW - £175,000

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 WOODBANK CLOSE is a very small detached house of 74m². It was last sold for £175,000 in May 2017, which was around 29% below the average May 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

9 WOODBANK CLOSE Sold Prices

Land registry data shows two sales for 9 WOODBANK 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 WOODBANK 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
2017 24 MAY	£175,000	£246,434	29% below HPI
2015 27 FEB	£159,950	£223,657	28% below HPI

9 WOODBANK 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 WOODBANK CLOSE sales from February 2015 and May 2017 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 February 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 9 WOODBANK CLOSE?

9 WOODBANK CLOSE is 74m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsthorpe, and where 9 WOODBANK CLOSE lies on this distribution: 14% of detached houses are smaller than 9 WOODBANK CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

9 WOODBANK CLOSE: Plot and Title Map

9 WOODBANK CLOSE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 9 WOODBANK 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 WOODBANK 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 WOODBANK CLOSE?

9 WOODBANK CLOSE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 9 on WOODBANK CLOSE.