18, THE PARK, NORTH MUSKHAM, NEWARK, NG23 6EW - £164,950

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

18 THE PARK is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £164,950 in November 2013, which was around 19% below the average November 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

18 THE PARK Sold Prices

Land registry data shows four sales for 18 THE PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 18 THE PARK 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
2013 28 NOV	£164,950	£203,347	19% below HPI
2008 11 APR	£147,500	£214,234	31% below HPI
1999 1 SEP	£62,000	£89,670	31% below HPI
1996 25 OCT	£50,000	£73,907	32% below HPI

18 THE PARK 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 four 18 THE PARK sales between October 1996 and November 2013 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 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2013 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 18 THE PARK?

18 THE PARK is 77m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% 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 18 THE PARK lies on this distribution: 5% of detached houses are smaller than 18 THE PARK, and 95% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

18 THE PARK: Plot and Title Map

18 THE PARK sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 18 THE PARK, 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 18 THE PARK). 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 18 THE PARK?

18 THE PARK is located in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of No. 18 on THE PARK.