30, TOR LANE, OLLERTON, NEWARK, NG22 9BT - £180,000

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.

30 TOR LANE is a very small detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £185,725. It was last sold for £180,000 in February 2024, which was around 47% below the average February 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

30 TOR LANE Sold Prices

Land registry data shows two sales for 30 TOR LANE 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 30 TOR LANE 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
2024 16 FEB	£180,000	£341,142	47% below HPI
2012 17 FEB	£100,000	£218,815	54% below HPI

30 TOR LANE 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 30 TOR LANE sales from February 2012 and February 2024 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 February 2012 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the February 2024 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 30 TOR LANE be worth now?

30 TOR LANE might now be worth an estimated £185,725.

This is based on house price inflation of 3.2%, between February 2024 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 3.2% inflationary increase is applied to the most recent sale price for 30 TOR LANE of £180,000 on 16th February 2024. For the value to have increased from £180,000 to £185,725 over the one year to February 2025, the following assumptions must hold true:

• The value of 30 TOR LANE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2024 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 30 TOR LANE has not materially changed since February 2024.

How Large is 30 TOR LANE?

30 TOR LANE is 65m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ollerton, and where 30 TOR LANE lies on this distribution: 3% of detached houses houses are smaller than 30 TOR LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

30 TOR LANE: Plot and Title Map

30 TOR LANE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 30 TOR LANE, 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 30 TOR LANE). 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 30 TOR LANE?

30 TOR LANE is located in OLLERTON, in the NG22 postcode district. The below map shows the position of No. 30 on TOR LANE.