10, THE SPINNEY, ELSTON, NEWARK, NG23 5PE - £270,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 THE SPINNEY is a large extended detached house of 169m², built sometime between 1967 and 1975. It was last sold for £270,000 in April 2012, which was around 36% above the average April 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

10 THE SPINNEY Sold Prices

Land registry data shows two sales for 10 THE SPINNEY 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 10 THE SPINNEY 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
2012 25 APR	£270,000	£198,807	36% above HPI
2007 27 SEP	£265,000	£229,538	15% above HPI

10 THE SPINNEY 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 10 THE SPINNEY sales from September 2007 and April 2012 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 September 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2012 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 10 THE SPINNEY?

10 THE SPINNEY is 169m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 40% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where 10 THE SPINNEY lies on this distribution: 65% of detached houses are smaller than 10 THE SPINNEY, and 35% of houses are larger. Note that EPC data is not available for all properties in Elston.

10 THE SPINNEY: Plot and Title Map

10 THE SPINNEY sits on a plot of roughly 0.239 of an acre, or 966m². The below map shows the location of 10 THE SPINNEY, 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 SPINNEY). 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 SPINNEY?

10 THE SPINNEY is located in ELSTON, in the NG23 postcode district. The below map shows the position of No. 10 on THE SPINNEY.