20, GRICESON CLOSE, OLLERTON, NEWARK, NG22 9BD - £165,000

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

20 GRICESON CLOSE is a large extended detached house of 120m², built sometime between 1950 and 1966. It was last sold for £165,000 in February 2017, which was around 32% below the average February 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was A.

20 GRICESON CLOSE Sold Prices

Land registry data shows three sales for 20 GRICESON CLOSE 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. All of the three 20 GRICESON CLOSE sales were for below 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 3 FEB	£165,000	£240,985	32% below HPI
2013 19 NOV	£170,000	£203,347	16% below HPI
2008 20 MAR	£185,000	£213,374	13% below HPI

20 GRICESON CLOSE 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 20 GRICESON CLOSE sales between March 2008 and February 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 November 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 20 GRICESON CLOSE?

20 GRICESON CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 40% of detached houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses by size in Ollerton, and where 20 GRICESON CLOSE lies on this distribution: 65% of detached houses are smaller than 20 GRICESON CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

20 GRICESON CLOSE: Plot and Title Map

20 GRICESON CLOSE sits on a plot of roughly 0.100 of an acre, or 407m². The below map shows the location of 20 GRICESON CLOSE, 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 20 GRICESON CLOSE). 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 20 GRICESON CLOSE?

20 GRICESON CLOSE is located in OLLERTON, in the NG22 postcode district. The below map shows the position of No. 20 on GRICESON CLOSE.