15, HARGON LANE, WINTHORPE, NEWARK, NG24 2NP - £275,000

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

15 HARGON LANE is a small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £275,000 in October 2019, which was about the average October 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

15 HARGON LANE Sold Prices

Land registry data shows three sales for 15 HARGON LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. The three 15 HARGON LANE sales were a mix of roughly equal to the average price, above the average price, and 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 11 OCT	£275,000	£275,504	Close to HPI
2016 11 FEB	£240,000	£233,670	3% above HPI
2006 23 OCT	£194,000	£211,158	8% below HPI

15 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 three 15 HARGON LANE sales between October 2006 and October 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 February 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 15 HARGON LANE?

15 HARGON LANE is 93m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses in Winthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Winthorpe, and where 15 HARGON LANE lies on this distribution: 23% of detached houses are smaller than 15 HARGON LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Winthorpe.

15 HARGON LANE: Plot and Title Map

15 HARGON LANE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 15 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 15 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 15 HARGON LANE?

15 HARGON LANE is located in WINTHORPE, in the NG24 postcode district. The below map shows the position of No. 15 on HARGON LANE.