20, THE SPINNEY, WINTHORPE, NEWARK, NG24 2NT - £352,000

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

20 THE SPINNEY is a midsized extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £352,000 in March 2021, which was around 22% above the average March 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

20 THE SPINNEY Sold Prices

Land registry data shows four sales for 20 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 20 THE SPINNEY 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
2021 18 MAR	£352,000	£289,565	22% above HPI
2017 24 NOV	£330,000	£264,247	25% above HPI
2015 20 JUL	£285,000	£227,298	25% above HPI
2014 17 OCT	£268,000	£223,720	20% above HPI

20 THE SPINNEY 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 four 20 THE SPINNEY sales between October 2014 and March 2021 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 2017 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2021 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 20 THE SPINNEY?

20 THE SPINNEY is 115m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Winthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Winthorpe, and where 20 THE SPINNEY lies on this distribution: 50% of detached houses are smaller than 20 THE SPINNEY, and 50% of houses are larger. Note that EPC data is not available for all properties in Winthorpe.

20 THE SPINNEY: Plot and Title Map

20 THE SPINNEY sits on a plot of roughly 0.297 of an acre, or 1,202m². The below map shows the location of 20 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

20 THE SPINNEY is located in WINTHORPE, in the NG24 postcode district. The below map shows the position of No. 20 on THE SPINNEY.