31, FOREST LINK, BILSTHORPE, NEWARK, NG22 8UD - £290,000

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

31 FOREST LINK is a midsized detached house of 104m², built sometime between 1996 and 2002. It was last sold for £290,000 in July 2022, which was around 11% below the average July 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

31 FOREST LINK Sold Prices

Land registry data shows three sales for 31 FOREST LINK 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. The three 31 FOREST LINK sales were a mix of below the average price, roughly equal to the average price, and 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
2022 11 JUL	£290,000	£324,114	11% below HPI
2003 28 MAR	£150,000	£150,729	Close to HPI
1997 29 AUG	£82,950	£78,560	6% above HPI

31 FOREST LINK 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 31 FOREST LINK sales between August 1997 and July 2022 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 March 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 31 FOREST LINK?

31 FOREST LINK is 104m² according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of detached houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsthorpe, and where 31 FOREST LINK lies on this distribution: 51% of detached houses are smaller than 31 FOREST LINK, and 49% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

31 FOREST LINK: Plot and Title Map

31 FOREST LINK sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 31 FOREST LINK, 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 31 FOREST LINK). 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 31 FOREST LINK?

31 FOREST LINK is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 31 on FOREST LINK.