5, THE GRANGE, NORTH MUSKHAM, NEWARK, NG23 6EN - £187,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 THE GRANGE is a small detached house of 111m², built sometime between 1976 and 1982. It was last sold for £187,000 in November 2009, which was around 8% below the average November 2009 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

5 THE GRANGE Sold Prices

Land registry data shows two sales for 5 THE GRANGE 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 THE GRANGE 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
2009 26 NOV	£187,000	£204,033	8% below HPI
2001 22 JUN	£90,000	£100,202	10% below HPI

5 THE GRANGE 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 THE GRANGE sales from June 2001 and November 2009 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 June 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2009 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 5 THE GRANGE?

5 THE GRANGE is 111m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 40% of detached houses in North Muskham, based on EPC data. The below chart shows the distribution of detached houses by size in North Muskham, and where 5 THE GRANGE lies on this distribution: 35% of detached houses are smaller than 5 THE GRANGE, and 65% of houses are larger. Note that EPC data is not available for all properties in North Muskham.

5 THE GRANGE: Plot and Title Map

5 THE GRANGE sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 5 THE GRANGE, 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 GRANGE). 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 GRANGE?

5 THE GRANGE is located in NORTH MUSKHAM, in the NG23 postcode district. The below map shows the position of No. 5 on THE GRANGE.