2, THE HEMPLANDS, COLLINGHAM, NEWARK, NG23 7PE - £265,000

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 THE HEMPLANDS is a midsized detached house of 105m², built sometime between 1976 and 1982. It was last sold for £265,000 in September 2019, which was around 3% below the average September 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

2 THE HEMPLANDS Sold Prices

Land registry data shows two sales for 2 THE HEMPLANDS 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. One of the two 2 THE HEMPLANDS sales was for below the average price, whilst the other was 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
2019 17 SEP	£265,000	£273,716	3% below HPI
2001 21 NOV	£118,000	£110,845	6% above HPI

2 THE HEMPLANDS 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 THE HEMPLANDS sales from November 2001 and September 2019 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 November 2001 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 THE HEMPLANDS?

2 THE HEMPLANDS is 105m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Collingham, based on EPC data. The below chart shows the distribution of detached houses by size in Collingham, and where 2 THE HEMPLANDS lies on this distribution: 40% of detached houses are smaller than 2 THE HEMPLANDS, and 59% of houses are larger. Note that EPC data is not available for all properties in Collingham.

2 THE HEMPLANDS: Plot and Title Map

2 THE HEMPLANDS sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 2 THE HEMPLANDS, 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 THE HEMPLANDS). 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 THE HEMPLANDS?

2 THE HEMPLANDS is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 2 on THE HEMPLANDS.