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
3 NEWLANDS AVENUE is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £158,000 in May 2016, which was around 35% below the average May 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 NEWLANDS AVENUE since 1st 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 3 NEWLANDS AVENUE 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 |
---|---|---|---|
2016 3 MAY | £158,000 | £241,520 | 35% below HPI |
2006 26 APR | £144,750 | £202,321 | 28% below HPI |
2005 22 JUL | £145,000 | £205,901 | 30% below 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 three 3 NEWLANDS AVENUE sales between July 2005 and May 2016 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 April 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
3 NEWLANDS AVENUE is 83m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Boughton, based on EPC data. The below chart shows the distribution of detached houses by size in Boughton, and where 3 NEWLANDS AVENUE lies on this distribution: 32% of detached houses are smaller than 3 NEWLANDS AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Boughton.
3 NEWLANDS AVENUE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 3 NEWLANDS AVENUE, 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 3 NEWLANDS AVENUE). 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.
3 NEWLANDS AVENUE is located in BOUGHTON, in the NG22 postcode district. The below map shows the position of No. 3 on NEWLANDS AVENUE.