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
32 OLD TANNERY DRIVE is a very large extended detached house of 191m², built sometime between 1996 and 2002. It was last sold for £487,500 in March 2020, which was around 84% above the average March 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 32 OLD TANNERY DRIVE since 1st 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 32 OLD TANNERY DRIVE 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 |
---|---|---|---|
2020 23 MAR | £487,500 | £264,335 | 84% above HPI |
2002 27 NOV | £248,750 | £147,399 | 69% above HPI |
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 32 OLD TANNERY DRIVE sales from November 2002 and March 2020 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 November 2002 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the March 2020 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.
32 OLD TANNERY DRIVE is 191m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 32 OLD TANNERY DRIVE lies on this distribution: 87% of detached houses are smaller than 32 OLD TANNERY DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Lowdham.
32 OLD TANNERY DRIVE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 32 OLD TANNERY DRIVE, 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 32 OLD TANNERY DRIVE). 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.
32 OLD TANNERY DRIVE is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 32 on OLD TANNERY DRIVE.