THE OLD BARN, FRONT STREET, SOUTH CLIFTON, NEWARK, NG23 7AA - £450,000

THE OLD BARN is a midsized extended detached house of 151m², built sometime between 1983 and 1990. It was last sold for £450,000 in April 2022, which was around 45% above the average April 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

THE OLD BARN Sold Prices

Land registry data shows four sales for THE OLD BARN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Most of the four THE OLD BARN 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
2022 25 APR	£450,000	£310,595	45% above HPI
2003 9 JUL	£185,000	£164,753	12% above HPI
2001 14 SEP	£120,000	£110,705	8% above HPI
1998 11 AUG	£83,000	£84,141	1% below HPI

THE OLD BARN 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 four THE OLD BARN sales between August 1998 and April 2022 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 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2022 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is THE OLD BARN?

THE OLD BARN is 151m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% of detached houses in South Clifton, based on EPC data. The below chart shows the distribution of detached houses by size in South Clifton, and where THE OLD BARN lies on this distribution: 41% of detached houses are smaller than THE OLD BARN, and 57% of houses are larger. Note that EPC data is not available for all properties in South Clifton.

THE OLD BARN: Plot and Title Map

THE OLD BARN sits on a plot of roughly 5.1 acres, or 20,756m². The below map shows the location of THE OLD BARN, 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 THE OLD BARN). 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 THE OLD BARN?

THE OLD BARN is located on FRONT STREET in SOUTH CLIFTON, in the NG23 postcode district. The below map shows the position of THE OLD BARN on FRONT STREET.