13, HEREFORD AVENUE, OLLERTON, NEWARK, NG22 9AE - £190,000

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

13 HEREFORD AVENUE is a midsized extended detached house of 107m², built sometime between 1976 and 1982. It was last sold for £190,000 in September 2019, which was around 31% below the average September 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was B.

13 HEREFORD AVENUE Sold Prices

Land registry data shows two sales for 13 HEREFORD AVENUE 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 13 HEREFORD AVENUE 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 6 SEP	£190,000	£273,716	31% below HPI
2008 17 JUN	£178,000	£218,442	19% below HPI

13 HEREFORD AVENUE 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 13 HEREFORD AVENUE sales from June 2008 and September 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 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 13 HEREFORD AVENUE?

13 HEREFORD AVENUE is 107m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses by size in Ollerton, and where 13 HEREFORD AVENUE lies on this distribution: 49% of detached houses are smaller than 13 HEREFORD AVENUE, and 51% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

13 HEREFORD AVENUE: Plot and Title Map

13 HEREFORD AVENUE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 13 HEREFORD AVENUE, 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 13 HEREFORD AVENUE). 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 13 HEREFORD AVENUE?

13 HEREFORD AVENUE is located in OLLERTON, in the NG22 postcode district. The below map shows the position of No. 13 on HEREFORD AVENUE.