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
44 THE HEMPLANDS is a midsized extended detached house of 124m², built sometime between 1991 and 1995. It was last sold for £365,000 in April 2023, which was around 10% above the average April 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 44 THE HEMPLANDS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Most of the five 44 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 |
---|---|---|---|
2023 14 APR | £365,000 | £331,752 | 10% above HPI |
2017 26 SEP | £258,000 | £259,345 | 1% below HPI |
2012 4 MAY | £165,000 | £189,946 | 13% below HPI |
2002 13 DEC | £136,000 | £152,924 | 11% below HPI |
1999 16 JUL | £76,000 | £85,619 | 11% below 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 five 44 THE HEMPLANDS sales between July 1999 and April 2023 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 September 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.
44 THE HEMPLANDS is 124m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 40% of detached houses in Collingham, based on EPC data. The below chart shows the distribution of detached houses by size in Collingham, and where 44 THE HEMPLANDS lies on this distribution: 59% of detached houses are smaller than 44 THE HEMPLANDS, and 40% of houses are larger. Note that EPC data is not available for all properties in Collingham.
44 THE HEMPLANDS sits on a plot of roughly 41.8 acres, or 169,067m². The below map shows the location of 44 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 44 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.
44 THE HEMPLANDS is located in COLLINGHAM, in the NG23 postcode district. The below map shows the position of No. 44 on THE HEMPLANDS.