16, WINSTON DRIVE, ELSTON, NEWARK, NG23 5NX - £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

16 WINSTON DRIVE is a very small detached house of 91m², built sometime between 1950 and 1966. It was last sold for £275,000 in July 2022, which was around 15% below the average July 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

16 WINSTON DRIVE Sold Prices

Land registry data shows three sales for 16 WINSTON 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 16 WINSTON DRIVE sales were 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
2022 22 JUL	£275,000	£324,114	15% below HPI
2020 24 JAN	£215,000	£268,877	20% below HPI
1997 11 APR	£60,000	£75,653	21% below HPI

16 WINSTON 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 16 WINSTON DRIVE sales between April 1997 and July 2022 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 January 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 WINSTON DRIVE?

16 WINSTON DRIVE is 91m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where 16 WINSTON DRIVE lies on this distribution: 16% of detached houses are smaller than 16 WINSTON DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Elston.

16 WINSTON DRIVE: Plot and Title Map

16 WINSTON DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 16 WINSTON 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 16 WINSTON 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 16 WINSTON DRIVE?

16 WINSTON DRIVE is located in ELSTON, in the NG23 postcode district. The below map shows the position of No. 16 on WINSTON DRIVE.