22, THE GREEN, ELSTON, NEWARK, NG23 5PF - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 THE GREEN is a small extended detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £377,613. It was last sold for £295,000 in June 2019, which was around 7% above the average June 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

22 THE GREEN Sold Prices

Land registry data shows four sales for 22 THE GREEN 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. Most of the four 22 THE GREEN 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
2019 14 JUN	£295,000	£274,985	7% above HPI
2018 6 SEP	£202,000	£283,604	29% below HPI
2001 12 DEC	£89,950	£117,634	24% below HPI
1997 19 SEP	£62,500	£82,953	25% below HPI

22 THE GREEN 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 22 THE GREEN sales between September 1997 and June 2019 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 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 22 THE GREEN be worth now?

22 THE GREEN might now be worth an estimated £377,613.

This is based on house price inflation of 28%, between June 2019 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28% inflationary increase is applied to the most recent sale price for 22 THE GREEN of £295,000 on 14th June 2019. For the value to have increased from £295,000 to £377,613 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 22 THE GREEN has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 22 THE GREEN has not materially changed since June 2019.

How Large is 22 THE GREEN?

22 THE GREEN is 94m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses houses in Elston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elston, and where 22 THE GREEN lies on this distribution: 20% of detached houses houses are smaller than 22 THE GREEN, and 80% of houses are larger. Note that EPC data is not available for all properties in Elston.

22 THE GREEN: Plot and Title Map

22 THE GREEN sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 22 THE GREEN, 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 22 THE GREEN). 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 22 THE GREEN?

22 THE GREEN is located in ELSTON, in the NG23 postcode district. The below map shows the position of No. 22 on THE GREEN.