5, REDTHORN WAY, CLAYPOLE, NEWARK, NG23 5AZ - £375,000

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

5 REDTHORN WAY is a very large extended detached house of 187m², built sometime between 1996 and 2002. It was last sold for £375,000 in September 2018, which was around 21% above the average September 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

5 REDTHORN WAY Sold Prices

Land registry data shows five sales for 5 REDTHORN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the five 5 REDTHORN WAY 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
2018 18 SEP	£375,000	£309,614	21% above HPI
2011 31 MAR	£250,000	£210,204	19% above HPI
2009 23 APR	£180,000	£204,433	12% below HPI
2007 20 DEC	£249,995	£244,597	2% above HPI
1998 6 AUG	£144,995	£84,887	71% above HPI

5 REDTHORN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The five 5 REDTHORN WAY sales between August 1998 and September 2018 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 2011 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2018 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 5 REDTHORN WAY?

5 REDTHORN WAY is 187m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses in Claypole, based on EPC data. The below chart shows the distribution of detached houses by size in Claypole, and where 5 REDTHORN WAY lies on this distribution: 90% of detached houses are smaller than 5 REDTHORN WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Claypole.

5 REDTHORN WAY: Plot and Title Map

5 REDTHORN WAY sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 5 REDTHORN WAY, 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 REDTHORN WAY). 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 REDTHORN WAY?

5 REDTHORN WAY is located in CLAYPOLE, in the NG23 postcode district. The below map shows the position of No. 5 on REDTHORN WAY.