11, THE PARK, NORTH MUSKHAM, NEWARK, NG23 6EW - £196,500

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 THE PARK is a small detached house of 102m², built sometime between 1976 and 1982. It was last sold for £196,500 in September 2014, which was around 13% below the average September 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

11 THE PARK Sold Prices

Land registry data shows five sales for 11 THE PARK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Most of the five 11 THE PARK 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
2014 12 SEP	£196,500	£224,788	13% below HPI
2007 13 JUL	£187,500	£222,163	16% below HPI
2004 21 MAY	£165,000	£183,950	10% below HPI
2000 25 MAY	£95,000	£89,960	6% above HPI
1995 9 JUN	£57,500	£71,037	19% below HPI

11 THE PARK 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 five 11 THE PARK sales between June 1995 and September 2014 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 11 THE PARK?

11 THE PARK is 102m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in North Muskham, based on EPC data. The below chart shows the distribution of detached houses by size in North Muskham, and where 11 THE PARK lies on this distribution: 22% of detached houses are smaller than 11 THE PARK, and 77% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

11 THE PARK: Plot and Title Map

11 THE PARK sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 11 THE PARK, 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 THE PARK). 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 THE PARK?

11 THE PARK is located in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of No. 11 on THE PARK.