5, PENSOM COURT, OLLERTON, NEWARK, NG22 9BF - £395,000

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.

5 PENSOM COURT is a large detached house of 129m², built sometime between 2003 and 2006, which could now be worth an estimated £400,036. It was last sold for £395,000 in November 2023, which was around 14% above the average November 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

5 PENSOM COURT Sold Prices

Land registry data shows two sales for 5 PENSOM COURT 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 5 PENSOM COURT 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
2023 16 NOV	£395,000	£347,562	14% above HPI
2006 8 SEP	£288,000	£220,874	30% above HPI

5 PENSOM COURT 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 5 PENSOM COURT sales from September 2006 and November 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 2006 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2023 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 5 PENSOM COURT be worth now?

5 PENSOM COURT might now be worth an estimated £400,036.

This is based on house price inflation of 1.3%, between November 2023 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 1.3% inflationary increase is applied to the most recent sale price for 5 PENSOM COURT of £395,000 on 16th November 2023. For the value to have increased from £395,000 to £400,036 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 PENSOM COURT has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2023 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PENSOM COURT has not materially changed since November 2023.

How Large is 5 PENSOM COURT?

5 PENSOM COURT is 129m² according to the EPC inspection conducted in April 2023. This puts it in the largest 30% of detached houses houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ollerton, and where 5 PENSOM COURT lies on this distribution: 75% of detached houses houses are smaller than 5 PENSOM COURT, and 20% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

5 PENSOM COURT: Plot and Title Map

5 PENSOM COURT sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of 5 PENSOM COURT, 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 5 PENSOM COURT). 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 5 PENSOM COURT?

5 PENSOM COURT is located in OLLERTON, in the NG22 postcode district. The below map shows the position of No. 5 on PENSOM COURT.