18, THE SPINNEY, BULCOTE, NOTTINGHAM, NG14 5GX - £224,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 THE SPINNEY is a midsized extended detached house of 152m², built sometime between 1983 and 1990, which could now be worth an estimated £657,234. It was last sold for £224,000 in May 2002, which was around 87% above the average May 2002 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

18 THE SPINNEY Sold Prices

Land registry data shows two sales for 18 THE SPINNEY since 1^st 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 18 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
2002 27 MAY	£224,000	£119,967	87% above HPI
1996 5 SEP	£95,000	£79,987	19% above HPI

18 THE SPINNEY 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 two 18 THE SPINNEY sales from September 1996 and May 2002 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 September 1996 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2002 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

What might 18 THE SPINNEY be worth now?

18 THE SPINNEY might now be worth an estimated £657,234.

This is based on house price inflation of 193.4%, between May 2002 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 193.4% inflationary increase is applied to the most recent sale price for 18 THE SPINNEY of £224,000 on 27th May 2002. For the value to have increased from £224,000 to £657,234 over the 23 years and three months to February 2025, the following assumptions must hold true:

• The value of 18 THE SPINNEY has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2002 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE SPINNEY has not materially changed since May 2002.

How Large is 18 THE SPINNEY?

18 THE SPINNEY is 152m², which includes two extensions, according to the EPC inspection conducted in August 2010. This puts it in the largest 50% of detached houses houses in Bulcote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bulcote, and where 18 THE SPINNEY lies on this distribution: 57% of detached houses houses are smaller than 18 THE SPINNEY, and 43% of houses are larger. Note that EPC data is not available for all properties in Bulcote.

18 THE SPINNEY: Plot and Title Map

18 THE SPINNEY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 18 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 18 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.

Where is 18 THE SPINNEY?

18 THE SPINNEY is located in BULCOTE, in the NG14 postcode district. The below map shows the position of No. 18 on THE SPINNEY.