2, THE PEACOCKS, LONG BENNINGTON, NEWARK, NG23 5FB - £425,000

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

2 THE PEACOCKS is a very large detached house of 230m², built sometime between 1991 and 1995. It was last sold for £425,000 in May 2017, which was around 54% above the average May 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

2 THE PEACOCKS Sold Prices

Land registry data shows three sales for 2 THE PEACOCKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 2 THE PEACOCKS 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
2017 12 MAY	£425,000	£276,172	54% above HPI
2002 20 SEP	£262,500	£151,364	73% above HPI
1995 6 MAR	£146,000	£69,660	110% above HPI

2 THE PEACOCKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 2 THE PEACOCKS sales between March 1995 and May 2017 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 2002 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the May 2017 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 2 THE PEACOCKS?

2 THE PEACOCKS is 230m² according to the EPC inspection conducted in February 2017. This puts it in the largest 10% of detached houses in Long Bennington, based on EPC data. The below chart shows the distribution of detached houses by size in Long Bennington, and where 2 THE PEACOCKS lies on this distribution: 90% of detached houses are smaller than 2 THE PEACOCKS, and 10% of houses are larger. Note that EPC data is not available for all properties in Long Bennington.

2 THE PEACOCKS: Plot and Title Map

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

2 THE PEACOCKS is located in LONG BENNINGTON, in the NG23 postcode district. The below map shows the position of No. 2 on THE PEACOCKS.