11, HARGON LANE, WINTHORPE, NEWARK, NG24 2NP - £225,000

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

11 HARGON LANE is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £225,000 in October 2016, which was around 9% below the average October 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

11 HARGON LANE Sold Prices

Land registry data shows two sales for 11 HARGON LANE 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 11 HARGON LANE 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
2016 21 OCT	£225,000	£246,500	9% below HPI
2014 1 MAY	£183,000	£213,982	14% below HPI

11 HARGON LANE 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 11 HARGON LANE sales from May 2014 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 May 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 11 HARGON LANE?

11 HARGON LANE is 84m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Winthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Winthorpe, and where 11 HARGON LANE lies on this distribution: 9% of detached houses are smaller than 11 HARGON LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Winthorpe.

11 HARGON LANE: Plot and Title Map

11 HARGON LANE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 11 HARGON LANE, 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 11 HARGON LANE). 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 11 HARGON LANE?

11 HARGON LANE is located in WINTHORPE, in the NG24 postcode district. The below map shows the position of No. 11 on HARGON LANE.