12, THE PARK, NORTH MUSKHAM, NEWARK, NG23 6EW - £228,000

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

12 THE PARK is a midsized extended detached house of 137m², built sometime between 1976 and 1982. It was last sold for £228,000 in July 2019, which was around 15% below the average July 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

12 THE PARK Sold Prices

Land registry data shows two sales for 12 THE PARK 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 12 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
2019 12 JUL	£228,000	£267,974	15% below HPI
2007 22 JUN	£195,000	£218,670	11% below HPI

12 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 two 12 THE PARK sales from June 2007 and July 2019 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 June 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 12 THE PARK?

12 THE PARK is 137m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% 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 12 THE PARK lies on this distribution: 59% of detached houses are smaller than 12 THE PARK, and 40% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

12 THE PARK: Plot and Title Map

12 THE PARK sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 12 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 12 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 12 THE PARK?

12 THE PARK is located in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of No. 12 on THE PARK.