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
24 MAIN STREET is a very large extended detached house of 226m², built sometime between 1900 and 1929. It was last sold for £535,000 in February 2021, which was around 85% above the average February 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 24 MAIN STREET since 1st 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 24 MAIN STREET 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 17 FEB | £535,000 | £289,202 | 85% above HPI |
2005 16 SEP | £395,000 | £207,291 | 91% above HPI |
1999 12 JUL | £148,000 | £85,619 | 73% above HPI |
1997 5 DEC | £135,000 | £76,270 | 77% 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 four 24 MAIN STREET sales between December 1997 and February 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 September 2005 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the February 2021 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.
24 MAIN STREET is 226m², which includes four extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 10% of detached houses in Gunthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Gunthorpe, and where 24 MAIN STREET lies on this distribution: 95% of detached houses are smaller than 24 MAIN STREET, and 5% of houses are larger. Note that EPC data is not available for all properties in Gunthorpe.
24 MAIN STREET sits on a plot of roughly 0.207 of an acre, or 837m². The below map shows the location of 24 MAIN STREET, 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 24 MAIN STREET). 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.
24 MAIN STREET is located in GUNTHORPE, in the NG14 postcode district. The below map shows the position of No. 24 on MAIN STREET.