15, REDTHORN WAY, CLAYPOLE, NEWARK, NG23 5AZ - £385,000

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

15 REDTHORN WAY is a large detached house of 151m², built sometime between 1996 and 2002. It was last sold for £385,000 in June 2023, which was around 4% above the average June 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

15 REDTHORN WAY Sold Prices

Land registry data shows three sales for 15 REDTHORN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Two of the three 15 REDTHORN WAY sales were for above the average price, whilst one was 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
2023 23 JUN	£385,000	£370,706	4% above HPI
2001 31 MAY	£149,500	£117,248	28% above HPI
2000 24 MAY	£45,000	£102,325	56% below HPI

15 REDTHORN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 15 REDTHORN WAY sales between May 2000 and June 2023 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 2001 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 15 REDTHORN WAY?

15 REDTHORN WAY is 151m² according to the EPC inspection conducted in November 2008. This puts it in the largest 30% of detached houses in Claypole, based on EPC data. The below chart shows the distribution of detached houses by size in Claypole, and where 15 REDTHORN WAY lies on this distribution: 77% of detached houses are smaller than 15 REDTHORN WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Claypole.

15 REDTHORN WAY: Plot and Title Map

15 REDTHORN WAY sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 15 REDTHORN WAY, 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 REDTHORN WAY). 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 REDTHORN WAY?

15 REDTHORN WAY is located in CLAYPOLE, in the NG23 postcode district. The below map shows the position of No. 15 on REDTHORN WAY.