15, THE PRIORS, LOWDHAM, NOTTINGHAM, NG14 7BA - £285,000

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 THE PRIORS is a small detached house of 98m², built sometime between 1967 and 1975. It was last sold for £285,000 in May 2018, which was around 11% above the average May 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

15 THE PRIORS Sold Prices

Land registry data shows three sales for 15 THE PRIORS 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. Two of the three 15 THE PRIORS 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
2018 29 MAY	£285,000	£256,928	11% above HPI
2011 20 APR	£173,500	£205,888	16% below HPI
1996 2 AUG	£85,500	£76,024	12% above HPI

15 THE PRIORS 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 THE PRIORS sales between August 1996 and May 2018 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 April 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 15 THE PRIORS?

15 THE PRIORS is 98m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 15 THE PRIORS lies on this distribution: 22% of detached houses are smaller than 15 THE PRIORS, and 76% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

15 THE PRIORS: Plot and Title Map

15 THE PRIORS sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 15 THE PRIORS, 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 THE PRIORS). 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 THE PRIORS?

15 THE PRIORS is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 15 on THE PRIORS.