2, WILLOW DRIVE, NORTH MUSKHAM, NEWARK, NG23 6EX - £260,000

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 WILLOW DRIVE is a large detached house of 165m², built sometime between 1967 and 1975. It was last sold for £260,000 in March 2018, which was around 2% below the average March 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

2 WILLOW DRIVE Sold Prices

Land registry data shows three sales for 2 WILLOW DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Two of the three 2 WILLOW DRIVE sales were for below the average price, whilst one 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
2018 9 MAR	£260,000	£264,618	2% below HPI
2009 14 MAY	£225,000	£192,762	17% above HPI
2008 12 DEC	£185,000	£193,808	5% below HPI

2 WILLOW DRIVE 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 three 2 WILLOW DRIVE sales between December 2008 and March 2018 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 May 2009 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 WILLOW DRIVE?

2 WILLOW DRIVE is 165m² according to the EPC inspection conducted in October 2008. This puts it in the largest 30% of detached houses in North Muskham, based on EPC data. The below chart shows the distribution of detached houses by size in North Muskham, and where 2 WILLOW DRIVE lies on this distribution: 73% of detached houses are smaller than 2 WILLOW DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

2 WILLOW DRIVE: Plot and Title Map

2 WILLOW DRIVE sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 2 WILLOW DRIVE, 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 WILLOW DRIVE). 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 WILLOW DRIVE?

2 WILLOW DRIVE is located in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of No. 2 on WILLOW DRIVE.