38, THE PARK, NORTH MUSKHAM, NEWARK, NG23 6EW - £260,000

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

38 THE PARK is a very small extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £260,000 in September 2024, which was around 27% below the average September 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was D.

38 THE PARK Sold Prices

Land registry data shows two sales for 38 THE PARK 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 38 THE PARK 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 9 SEP	£260,000	£354,332	27% below HPI
2011 20 DEC	£162,000	£215,666	25% below HPI

38 THE PARK 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 38 THE PARK sales from December 2011 and September 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 December 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 38 THE PARK?

38 THE PARK is 101m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% 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 38 THE PARK lies on this distribution: 20% of detached houses houses are smaller than 38 THE PARK, and 79% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

38 THE PARK: Plot and Title Map

38 THE PARK sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 38 THE PARK, 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 38 THE PARK). 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 38 THE PARK?

38 THE PARK is located in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of No. 38 on THE PARK.