9, HARGON LANE, WINTHORPE, NEWARK, NG24 2NP - £250,000

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

9 HARGON LANE is a small extended detached house of 93m², built sometime between 1976 and 1982. It was last sold for £250,000 in October 2018, which was around 10% below the average October 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

9 HARGON LANE Sold Prices

Land registry data shows three sales for 9 HARGON 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 9 HARGON LANE 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
2018 26 OCT	£250,000	£276,728	10% below HPI
2008 25 JUL	£170,000	£217,252	22% below HPI
2003 17 OCT	£150,000	£169,431	11% below HPI

9 HARGON 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 9 HARGON LANE sales between October 2003 and October 2018 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 July 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 9 HARGON LANE?

9 HARGON LANE is 93m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in Winthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Winthorpe, and where 9 HARGON LANE lies on this distribution: 23% of detached houses are smaller than 9 HARGON LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Winthorpe.

9 HARGON LANE: Plot and Title Map

9 HARGON LANE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 9 HARGON 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 9 HARGON 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 9 HARGON LANE?

9 HARGON LANE is located in WINTHORPE, in the NG24 postcode district. The below map shows the position of No. 9 on HARGON LANE.