40, MAIN STREET, GUNTHORPE, NOTTINGHAM, NG14 7EU - £159,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 MAIN STREET is a very small extended semi-detached house of 40m², built sometime between 1900 and 1929. It was last sold for £159,950 in February 2015, which was around 28% below the average February 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

40 MAIN STREET Sold Prices

Land registry data shows three sales for 40 MAIN STREET 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. All of the three 40 MAIN STREET 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
2015 20 FEB	£159,950	£223,657	28% below HPI
2012 27 MAR	£110,000	£204,708	46% below HPI
1999 14 DEC	£70,000	£89,690	22% below HPI

40 MAIN STREET 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 40 MAIN STREET sales between December 1999 and February 2015 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 2012 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 40 MAIN STREET?

40 MAIN STREET is 40m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Gunthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Gunthorpe, and where 40 MAIN STREET lies on this distribution: Less than 1% of detached houses are smaller than 40 MAIN STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gunthorpe.

40 MAIN STREET: Plot and Title Map

40 MAIN STREET sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 40 MAIN STREET, 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 40 MAIN STREET). 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 40 MAIN STREET?

40 MAIN STREET is located in GUNTHORPE, in the NG14 postcode district. The below map shows the position of No. 40 on MAIN STREET.