ST. EDMUNDS CLOSE, GREEN LANE, WALESBY, NEWARK, NG22 9PA - £495,000

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

ST. EDMUNDS CLOSE is a very large detached house of 564m², built sometime before 1900. It was last sold for £495,000 in November 2015, which was around 109% above the average November 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was D.

ST. EDMUNDS CLOSE Sold Prices

Land registry data shows two sales for ST. EDMUNDS 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 ST. EDMUNDS CLOSE sales were for above 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
2015 24 NOV	£495,000	£237,365	109% above HPI
2006 16 MAR	£450,000	£199,901	125% above HPI

ST. EDMUNDS 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 ST. EDMUNDS CLOSE sales from March 2006 and November 2015 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 March 2006 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the November 2015 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is ST. EDMUNDS CLOSE?

ST. EDMUNDS CLOSE is 564m² according to the EPC inspection conducted in November 2013. This puts it in the largest 10% of detached houses in Walesby, based on EPC data. The below chart shows the distribution of detached houses by size in Walesby, and where ST. EDMUNDS CLOSE lies on this distribution: More than 99% of detached houses are smaller than ST. EDMUNDS CLOSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Walesby.

ST. EDMUNDS CLOSE: Plot and Title Map

ST. EDMUNDS CLOSE sits on a plot of roughly 0.479 of an acre, or 1,940m². The below map shows the location of ST. EDMUNDS 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 ST. EDMUNDS 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 ST. EDMUNDS CLOSE?

ST. EDMUNDS CLOSE is located on GREEN LANE in WALESBY, in the NG22 postcode district. The below map shows the position of ST. EDMUNDS CLOSE on GREEN LANE.