2, PENSOM COURT, OLLERTON, NEWARK, NG22 9BF - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 PENSOM COURT is a very large detached house of 217m², built sometime between 1996 and 2002. It was last sold for £250,000 in October 2013, which was around 23% above the average October 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 C, and the potential energy rating was C.

2 PENSOM COURT Sold Prices

Land registry data shows two sales for 2 PENSOM COURT 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 2 PENSOM COURT 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
2013 18 OCT	£250,000	£202,526	23% above HPI
2006 8 DEC	£450,000	£211,882	112% above HPI

2 PENSOM COURT 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 2 PENSOM COURT sales from December 2006 and October 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 December 2006 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the October 2013 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 2 PENSOM COURT?

2 PENSOM COURT is 217m² according to the EPC inspection conducted in June 2013. This puts it in the largest 10% of detached houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses by size in Ollerton, and where 2 PENSOM COURT lies on this distribution: 98% of detached houses are smaller than 2 PENSOM COURT, and 2% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

2 PENSOM COURT: Plot and Title Map

2 PENSOM COURT sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 2 PENSOM COURT, 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 2 PENSOM COURT). 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 2 PENSOM COURT?

2 PENSOM COURT is located in OLLERTON, in the NG22 postcode district. The below map shows the position of No. 2 on PENSOM COURT.