8, THE GREEN, ELSTON, NEWARK, NG23 5PF - £414,000

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 THE GREEN is a small extended detached house of 121m², built sometime between 1991 and 1995. It was last sold for £414,000 in May 2024, which was around 26% above the average May 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.

8 THE GREEN Sold Prices

Land registry data shows three sales for 8 THE GREEN 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. Two of the three 8 THE GREEN sales were for above the average price, whilst one was 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
2024 3 MAY	£414,000	£329,541	26% above HPI
2003 4 AUG	£199,950	£169,610	18% above HPI
1997 23 JUL	£68,000	£79,172	14% below HPI

8 THE GREEN 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 8 THE GREEN sales between July 1997 and May 2024 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 August 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2024 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 8 THE GREEN?

8 THE GREEN is 121m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the smallest 30% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where 8 THE GREEN lies on this distribution: 30% of detached houses are smaller than 8 THE GREEN, and 69% of houses are larger. Note that EPC data is not available for all properties in Elston.

8 THE GREEN: Plot and Title Map

8 THE GREEN sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 8 THE GREEN, 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 THE GREEN). 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 THE GREEN?

8 THE GREEN is located in ELSTON, in the NG23 postcode district. The below map shows the position of No. 8 on THE GREEN.