Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
8 KINGS MEADOW is a midsized detached house of 92m², built sometime between 1976 and 1982. It was last sold for £126,500 in June 2015, which was around 42% below the average June 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows six sales for 8 KINGS MEADOW since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the six 8 KINGS MEADOW 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 |
---|---|---|---|
2015 17 JUN | £126,500 | £219,537 | 42% below HPI |
2004 23 JUN | £121,950 | £188,564 | 35% below HPI |
2001 23 FEB | £48,000 | £97,421 | 51% below HPI |
1997 25 APR | £42,000 | £75,653 | 44% below HPI |
1996 4 APR | £45,000 | £72,251 | 38% below HPI |
1995 29 SEP | £45,000 | £74,193 | 39% below HPI |
The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The six 8 KINGS MEADOW sales between September 1995 and June 2015 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 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2015 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
8 KINGS MEADOW is 92m² according to the EPC inspection conducted in March 2012. This puts it in the largest 50% of detached houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where 8 KINGS MEADOW lies on this distribution: 52% of detached houses are smaller than 8 KINGS MEADOW, and 48% of houses are larger. Note that EPC data is not available for all properties in Rainworth.
8 KINGS MEADOW sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 8 KINGS MEADOW, 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 KINGS MEADOW). 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.
8 KINGS MEADOW is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 8 on KINGS MEADOW.