PINE BECK, THE FURZE, KIRTON, NEWARK, NG22 9LF - £230,000

PINE BECK is a very small detached house of 62m², built sometime between 1991 and 1995. It was last sold for £230,000 in December 2021, which was around 26% below the average December 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

PINE BECK Sold Prices

Land registry data shows three sales for PINE BECK 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 PINE BECK 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 8 DEC	£230,000	£308,753	26% below HPI
2000 21 JUL	£68,000	£94,844	28% below HPI
1997 4 JUL	£58,000	£79,172	27% below HPI

PINE BECK 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 PINE BECK sales between July 1997 and December 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 July 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is PINE BECK?

PINE BECK is 62m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Kirton, based on EPC data. The below chart shows the distribution of detached houses by size in Kirton, and where PINE BECK lies on this distribution: 5% of detached houses are smaller than PINE BECK, and 95% of houses are larger. Note that EPC data is not available for all properties in Kirton.

PINE BECK: Plot and Title Map

PINE BECK sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of PINE BECK, 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 PINE BECK). 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 PINE BECK?

PINE BECK is located on THE FURZE in KIRTON, in the NG22 postcode district. The below map shows the position of PINE BECK on THE FURZE.