HOLLY HOUSE, THE CLOSE, AVERHAM, NEWARK, NG23 5RP - £350,000

HOLLY HOUSE is a large detached house of 186m², built sometime between 1983 and 1990. It was last sold for £350,000 in May 2014, which was around 64% above the average May 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

HOLLY HOUSE Sold Prices

Land registry data shows three sales for HOLLY HOUSE 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 HOLLY HOUSE 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
2014 23 MAY	£350,000	£213,982	64% above HPI
2006 19 JUL	£370,000	£209,622	77% above HPI
1999 29 APR	£137,000	£81,511	68% above HPI

HOLLY HOUSE 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 HOLLY HOUSE sales between April 1999 and May 2014 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 July 2006 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the May 2014 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is HOLLY HOUSE?

HOLLY HOUSE is 186m² according to the EPC inspection conducted in April 2011. This puts it in the largest 30% of detached houses in Averham, based on EPC data. The below chart shows the distribution of detached houses by size in Averham, and where HOLLY HOUSE lies on this distribution: 75% of detached houses are smaller than HOLLY HOUSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Averham.

HOLLY HOUSE: Plot and Title Map

HOLLY HOUSE sits on a plot of roughly 0.205 of an acre, or 830m². The below map shows the location of HOLLY HOUSE, 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 HOLLY HOUSE). 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 HOLLY HOUSE?

HOLLY HOUSE is located on THE CLOSE in AVERHAM, in the NG23 postcode district. The below map shows the position of HOLLY HOUSE on THE CLOSE.