3, THE PRIORS, LOWDHAM, NOTTINGHAM, NG14 7BA - £210,000

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

3 THE PRIORS is a small extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £210,000 in March 2012, which was around 3% above the average March 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

3 THE PRIORS Sold Prices

Land registry data shows three sales for 3 THE PRIORS 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. Two of the three 3 THE PRIORS sales were for above the average price, whilst one was 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
2012 23 MAR	£210,000	£204,708	3% above HPI
2008 1 OCT	£145,723	£205,744	29% below HPI
2000 26 OCT	£164,000	£100,527	63% above HPI

3 THE PRIORS 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 THE PRIORS sales between October 2000 and March 2012 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 October 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2012 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 3 THE PRIORS?

3 THE PRIORS is 112m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 40% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 3 THE PRIORS lies on this distribution: 40% of detached houses are smaller than 3 THE PRIORS, and 60% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

3 THE PRIORS: Plot and Title Map

3 THE PRIORS sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 3 THE PRIORS, 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 THE PRIORS). 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 THE PRIORS?

3 THE PRIORS is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 3 on THE PRIORS.