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
16 THE SPINNEY is a small detached house of 109m², built sometime between 1983 and 1990. It was last sold for £240,000 in June 2010, which was around 20% above the average June 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 16 THE SPINNEY since 1st 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 16 THE SPINNEY 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 |
---|---|---|---|
2010 21 JUN | £240,000 | £200,785 | 20% above HPI |
1997 27 JUN | £111,000 | £77,787 | 43% above HPI |
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 16 THE SPINNEY sales from June 1997 and June 2010 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 1997 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the June 2010 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.
16 THE SPINNEY is 109m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 30% of detached houses in Bulcote, based on EPC data. The below chart shows the distribution of detached houses by size in Bulcote, and where 16 THE SPINNEY lies on this distribution: 21% of detached houses are smaller than 16 THE SPINNEY, and 79% of houses are larger. Note that EPC data is not available for all properties in Bulcote.
16 THE SPINNEY sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 16 THE SPINNEY, 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 16 THE SPINNEY). 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.
16 THE SPINNEY is located in BULCOTE, in the NG14 postcode district. The below map shows the position of No. 16 on THE SPINNEY.