5, THE GABLES, BILSTHORPE, NEWARK, NG22 8RS - £302,600

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 THE GABLES is a very large detached house of 152m², built sometime between 1996 and 2002, which could now be worth an estimated £399,523. It was last sold for £302,600 in July 2018, which was around 11% above the average July 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

5 THE GABLES Sold Prices

Land registry data shows three sales for 5 THE GABLES 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 5 THE GABLES 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 26 JUL	£302,600	£271,929	11% above HPI
2010 17 DEC	£230,000	£221,207	4% above HPI
2002 22 NOV	£158,000	£153,446	3% above HPI

5 THE GABLES 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 5 THE GABLES sales between November 2002 and July 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 December 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 5 THE GABLES be worth now?

5 THE GABLES might now be worth an estimated £399,523.

This is based on house price inflation of 32%, between July 2018 and December 2024, 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 32% inflationary increase is applied to the most recent sale price for 5 THE GABLES of £302,600 on 26th July 2018. For the value to have increased from £302,600 to £399,523 over the five years and seven months to December 2024, the following assumptions must hold true:

• The value of 5 THE GABLES has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2018 sale price of £302,600 represented a fair market value for the property.
• The size, condition, and specification of 5 THE GABLES has not materially changed since July 2018.

How Large is 5 THE GABLES?

5 THE GABLES is 152m² according to the EPC inspection conducted in February 2009. This puts it in the largest 10% of detached houses houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilsthorpe, and where 5 THE GABLES lies on this distribution: 91% of detached houses houses are smaller than 5 THE GABLES, and 9% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

5 THE GABLES: Plot and Title Map

5 THE GABLES sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 5 THE GABLES, 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 THE GABLES). 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 THE GABLES?

5 THE GABLES is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 5 on THE GABLES.