3, WATERSIDE, NORTH MUSKHAM, NEWARK, NG23 6FD - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 WATERSIDE is a very small detached house of 13m², built sometime between 1996 and 2002, which could now be worth an estimated £402,979. It was last sold for £235,000 in March 2011, which was around 14% above the average March 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

3 WATERSIDE Sold Prices

Land registry data shows two sales for 3 WATERSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 3 WATERSIDE 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
2011 3 MAR	£235,000	£205,267	14% above HPI
1999 15 OCT	£125,000	£92,468	35% above HPI

3 WATERSIDE 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 two 3 WATERSIDE sales from October 1999 and March 2011 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 1999 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2011 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 3 WATERSIDE be worth now?

3 WATERSIDE might now be worth an estimated £402,979.

This is based on house price inflation of 71.5%, between March 2011 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 71.5% inflationary increase is applied to the most recent sale price for 3 WATERSIDE of £235,000 on 3rd March 2011. For the value to have increased from £235,000 to £402,979 over the fourteen years and one month to February 2025, the following assumptions must hold true:

• The value of 3 WATERSIDE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The March 2011 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WATERSIDE has not materially changed since March 2011.

How Large is 3 WATERSIDE?

3 WATERSIDE is 13m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses houses in North Muskham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Muskham, and where 3 WATERSIDE lies on this distribution: Less than 1% of detached houses houses are smaller than 3 WATERSIDE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

3 WATERSIDE: Plot and Title Map

3 WATERSIDE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 3 WATERSIDE, 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 WATERSIDE). 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 WATERSIDE?

3 WATERSIDE is located in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of No. 3 on WATERSIDE.