6A, GRANGE AVENUE, OLLERTON, NEWARK, NG22 9AG - £120,000

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

6A GRANGE AVENUE is a very small extended detached house of 72m², built sometime between 1967 and 1975. It was last sold for £120,000 in January 2023, which was around 65% below the average January 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

6A GRANGE AVENUE Sold Prices

Land registry data shows five sales for 6A GRANGE AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the five 6A GRANGE AVENUE 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
2023 13 JAN	£120,000	£338,252	65% below HPI
2013 13 MAR	£109,000	£196,819	45% below HPI
2003 14 FEB	£97,000	£156,310	38% below HPI
2002 31 MAY	£72,000	£115,240	38% below HPI
1997 22 SEP	£45,000	£79,684	44% below HPI

6A GRANGE AVENUE 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 five 6A GRANGE AVENUE sales between September 1997 and January 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 March 2013 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2023 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is 6A GRANGE AVENUE?

6A GRANGE AVENUE is 72m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% of detached houses in Ollerton, based on EPC data. The below chart shows the distribution of detached houses by size in Ollerton, and where 6A GRANGE AVENUE lies on this distribution: 8% of detached houses are smaller than 6A GRANGE AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ollerton.

6A GRANGE AVENUE: Plot and Title Map

6A GRANGE AVENUE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 6A GRANGE AVENUE, 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 6A GRANGE AVENUE). 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 6A GRANGE AVENUE?

6A GRANGE AVENUE is located in OLLERTON, in the NG22 postcode district. The below map shows the position of No. 6A on GRANGE AVENUE.