7, PINFOLD LANE, ELSTON, NEWARK, NG23 5PD - £590,000

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

7 PINFOLD LANE is a very large extended detached house of 254m², built sometime between 1950 and 1966. It was last sold for £590,000 in November 2021, which was around 93% above the average November 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

7 PINFOLD LANE Sold Prices

Land registry data shows three sales for 7 PINFOLD LANE 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 7 PINFOLD LANE 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
2021 5 NOV	£590,000	£306,282	93% above HPI
2004 23 FEB	£220,000	£177,367	24% above HPI
2001 3 OCT	£136,500	£111,058	23% above HPI

7 PINFOLD LANE 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 7 PINFOLD LANE sales between October 2001 and November 2021 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 February 2004 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2021 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is 7 PINFOLD LANE?

7 PINFOLD LANE is 254m², which includes three extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 10% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where 7 PINFOLD LANE lies on this distribution: 98% of detached houses are smaller than 7 PINFOLD LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Elston.

7 PINFOLD LANE: Plot and Title Map

7 PINFOLD LANE sits on a plot of roughly 0.204 of an acre, or 826m². The below map shows the location of 7 PINFOLD LANE, 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 7 PINFOLD LANE). 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 7 PINFOLD LANE?

7 PINFOLD LANE is located in ELSTON, in the NG23 postcode district. The below map shows the position of No. 7 on PINFOLD LANE.