1, GLEBELANDS, NORTH MUSKHAM, NEWARK, NG23 6FH - £330,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GLEBELANDS is a large extended detached house of 172m², built sometime between 2003 and 2006, which could now be worth an estimated £461,708. It was last sold for £330,000 in October 2016, which was around 29% above the average October 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was E.

1 GLEBELANDS Sold Prices

Land registry data shows two sales for 1 GLEBELANDS 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 1 GLEBELANDS 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
2016 14 OCT	£330,000	£256,611	29% above HPI
2006 8 AUG	£319,950	£220,946	45% above HPI

1 GLEBELANDS 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 1 GLEBELANDS sales from August 2006 and October 2016 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 August 2006 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2016 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 1 GLEBELANDS be worth now?

1 GLEBELANDS might now be worth an estimated £461,708.

This is based on house price inflation of 39.9%, between October 2016 and December 2024, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.9% inflationary increase is applied to the most recent sale price for 1 GLEBELANDS of £330,000 on 14th October 2016. For the value to have increased from £330,000 to £461,708 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 GLEBELANDS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2016 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GLEBELANDS has not materially changed since October 2016.

How Large is 1 GLEBELANDS?

1 GLEBELANDS is 172m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 30% of detached houses houses in North Muskham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Muskham, and where 1 GLEBELANDS lies on this distribution: 76% of detached houses houses are smaller than 1 GLEBELANDS, and 24% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

1 GLEBELANDS: Plot and Title Map

1 GLEBELANDS sits on a plot of roughly 0.244 of an acre, or 986m². The below map shows the location of 1 GLEBELANDS, 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 1 GLEBELANDS). 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 1 GLEBELANDS?

1 GLEBELANDS is located in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of No. 1 on GLEBELANDS.