3, NEWLANDS AVENUE, BOUGHTON, NEWARK, NG22 9JQ - £158,000

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.

3 NEWLANDS AVENUE is a small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £221,197. It was last sold for £158,000 in May 2016, which was around 37% 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.

3 NEWLANDS AVENUE Sold Prices

Land registry data shows three sales for 3 NEWLANDS AVENUE 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 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	£251,427	37% below HPI
2006 26 APR	£144,750	£210,620	31% below HPI
2005 22 JUL	£145,000	£214,347	32% below HPI

3 NEWLANDS AVENUE 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 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 3 NEWLANDS AVENUE be worth now?

3 NEWLANDS AVENUE might now be worth an estimated £221,197.

This is based on house price inflation of 40%, between May 2016 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 40% inflationary increase is applied to the most recent sale price for 3 NEWLANDS AVENUE of £158,000 on 3rd May 2016. For the value to have increased from £158,000 to £221,197 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 3 NEWLANDS AVENUE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2016 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NEWLANDS AVENUE has not materially changed since May 2016.

How Large is 3 NEWLANDS AVENUE?

3 NEWLANDS AVENUE is 83m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses houses in Boughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boughton, and where 3 NEWLANDS AVENUE lies on this distribution: 31% of detached houses houses are smaller than 3 NEWLANDS AVENUE, and 66% of houses are larger. Note that EPC data is not available for all properties in Boughton.

3 NEWLANDS AVENUE: Plot and Title Map

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.

Where is 3 NEWLANDS AVENUE?

3 NEWLANDS AVENUE is located in BOUGHTON, in the NG22 postcode district. The below map shows the position of No. 3 on NEWLANDS AVENUE.