8, AYRSHIRE WAY, AVERHAM, NEWARK, NG23 5FW - £350,000

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

8 AYRSHIRE WAY is a small detached house of 115m², built sometime from 2007 onwards. It was last sold for £350,000 in September 2022, which was around 4% above the average September 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

8 AYRSHIRE WAY Sold Prices

Land registry data shows four sales for 8 AYRSHIRE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 8 AYRSHIRE WAY 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
2022 30 SEP	£350,000	£337,059	4% above HPI
2020 27 NOV	£310,000	£289,408	7% above HPI
2016 15 JUL	£265,000	£241,957	10% above HPI
2008 23 DEC	£250,000	£193,808	29% above HPI

8 AYRSHIRE WAY 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 four 8 AYRSHIRE WAY sales between December 2008 and September 2022 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 November 2020 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 8 AYRSHIRE WAY?

8 AYRSHIRE WAY is 115m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Averham, based on EPC data. The below chart shows the distribution of detached houses by size in Averham, and where 8 AYRSHIRE WAY lies on this distribution: 22% of detached houses are smaller than 8 AYRSHIRE WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Averham.

8 AYRSHIRE WAY: Plot and Title Map

8 AYRSHIRE WAY sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 8 AYRSHIRE WAY, 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 8 AYRSHIRE WAY). 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 8 AYRSHIRE WAY?

8 AYRSHIRE WAY is located in AVERHAM, in the NG23 postcode district. The below map shows the position of No. 8 on AYRSHIRE WAY.