10, THE LEAS, BULCOTE, NOTTINGHAM, NG14 5HB - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 THE LEAS is a very small extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £350,000 in December 2021, which was around 13% above the average December 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

10 THE LEAS Sold Prices

Land registry data shows three sales for 10 THE LEAS 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 10 THE LEAS 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
2021 7 DEC	£350,000	£308,753	13% above HPI
2017 2 NOV	£275,000	£264,247	4% above HPI
2004 12 AUG	£235,000	£193,174	22% above HPI

10 THE LEAS 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 10 THE LEAS sales between August 2004 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 November 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 10 THE LEAS?

10 THE LEAS is 104m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses in Bulcote, based on EPC data. The below chart shows the distribution of detached houses by size in Bulcote, and where 10 THE LEAS lies on this distribution: 17% of detached houses are smaller than 10 THE LEAS, and 83% of houses are larger. Note that EPC data is not available for all properties in Bulcote.

10 THE LEAS: Plot and Title Map

10 THE LEAS sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 10 THE LEAS, 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 10 THE LEAS). 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 10 THE LEAS?

10 THE LEAS is located in BULCOTE, in the NG14 postcode district. The below map shows the position of No. 10 on THE LEAS.