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 SIDINGS is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £187,000 in November 2002, which was around 27% above the average November 2002 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 THE SIDINGS since 1st 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 THE SIDINGS 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 26 NOV | £187,000 | £147,399 | 27% above HPI |
1996 20 NOV | £99,950 | £72,490 | 38% above HPI |
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 SIDINGS sales from November 1996 and November 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 November 1996 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2002 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.
2 THE SIDINGS is 115m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 2 THE SIDINGS lies on this distribution: 44% of detached houses are smaller than 2 THE SIDINGS, and 56% of houses are larger. Note that EPC data is not available for all properties in Lowdham.
2 THE SIDINGS sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 2 THE SIDINGS, 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 SIDINGS). 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.
2 THE SIDINGS is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 2 on THE SIDINGS.