4, THE HEMPLANDS, COLLINGHAM, NEWARK, NG23 7PE - £209,000

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.

4 THE HEMPLANDS is a large extended detached house of 132m², built sometime between 1976 and 1982, which could now be worth an estimated £348,190. It was last sold for £209,000 in April 2013, which was around 1% below the average April 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

4 THE HEMPLANDS Sold Prices

Land registry data shows two sales for 4 THE HEMPLANDS 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 4 THE HEMPLANDS 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
2013 19 APR	£209,000	£211,283	1% below HPI
2006 10 NOV	£200,000	£218,163	8% below HPI

4 THE HEMPLANDS 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 4 THE HEMPLANDS sales from November 2006 and April 2013 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 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2013 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 4 THE HEMPLANDS be worth now?

4 THE HEMPLANDS might now be worth an estimated £348,190.

This is based on house price inflation of 66.6%, between April 2013 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 66.6% inflationary increase is applied to the most recent sale price for 4 THE HEMPLANDS of £209,000 on 19th April 2013. For the value to have increased from £209,000 to £348,190 over the twelve years and two months to February 2025, the following assumptions must hold true:

• The value of 4 THE HEMPLANDS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The April 2013 sale price of £209,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE HEMPLANDS has not materially changed since April 2013.

How Large is 4 THE HEMPLANDS?

4 THE HEMPLANDS is 132m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the largest 40% of detached houses houses in Collingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Collingham, and where 4 THE HEMPLANDS lies on this distribution: 68% of detached houses houses are smaller than 4 THE HEMPLANDS, and 32% of houses are larger. Note that EPC data is not available for all properties in Collingham.

4 THE HEMPLANDS: Plot and Title Map

4 THE HEMPLANDS sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 4 THE HEMPLANDS, 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 4 THE HEMPLANDS). 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 4 THE HEMPLANDS?

4 THE HEMPLANDS is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 4 on THE HEMPLANDS.