6, THE OLD NURSERIES, NORWELL, NEWARK, NG23 6NA - £615,000

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

6 THE OLD NURSERIES is a very large detached house of 358m², built sometime between 2003 and 2006. It was last sold for £615,000 in September 2018, which was around 126% above the average September 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was B.

6 THE OLD NURSERIES Sold Prices

Land registry data shows three sales for 6 THE OLD NURSERIES 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 6 THE OLD NURSERIES 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 13 SEP	£615,000	£272,429	126% above HPI
2014 19 MAR	£560,000	£207,067	170% above HPI
2005 17 FEB	£325,000	£200,599	62% above HPI

6 THE OLD NURSERIES 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 6 THE OLD NURSERIES sales between February 2005 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 2014 sale was for 170% above the HPI. So the extrapolation line tracks at 170% above the HPI over time, until the September 2018 sale, where it falls to 126% above the HPI. The line then continues to track at 126% above the HPI.

How Large is 6 THE OLD NURSERIES?

6 THE OLD NURSERIES is 358m² according to the EPC inspection conducted in August 2019. This puts it in the largest 10% of detached houses in Norwell, based on EPC data. The below chart shows the distribution of detached houses by size in Norwell, and where 6 THE OLD NURSERIES lies on this distribution: More than 99% of detached houses are smaller than 6 THE OLD NURSERIES, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Norwell.

6 THE OLD NURSERIES: Plot and Title Map

6 THE OLD NURSERIES sits on a plot of roughly 1.2 acres, or 4,915m². The below map shows the location of 6 THE OLD NURSERIES, 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 6 THE OLD NURSERIES). 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 6 THE OLD NURSERIES?

6 THE OLD NURSERIES is located in NORWELL, in the NG23 postcode district. The below map shows the position of No. 6 on THE OLD NURSERIES.