15, WILLOW DRIVE, NORTH MUSKHAM, NEWARK, NG23 6EX - £615,000

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 WILLOW DRIVE is a very large extended detached house of 218m², built sometime between 2007 and 2011. It was last sold for £615,000 in December 2023, which was around 85% above the average December 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was C.

15 WILLOW DRIVE Sold Prices

Land registry data shows three sales for 15 WILLOW DRIVE 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. All of the three 15 WILLOW DRIVE sales were for above 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 15 DEC	£615,000	£332,227	85% above HPI
2018 4 MAY	£410,000	£256,928	60% above HPI
2007 30 NOV	£450,000	£227,603	98% above HPI

15 WILLOW DRIVE 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 WILLOW DRIVE sales between November 2007 and December 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 2018 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the December 2023 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is 15 WILLOW DRIVE?

15 WILLOW DRIVE is 218m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 20% 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 15 WILLOW DRIVE lies on this distribution: 88% of detached houses are smaller than 15 WILLOW DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

15 WILLOW DRIVE: Plot and Title Map

15 WILLOW DRIVE sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of 15 WILLOW DRIVE, 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 WILLOW DRIVE). 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 WILLOW DRIVE?

15 WILLOW DRIVE is located in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of No. 15 on WILLOW DRIVE.