9, THE LEAS, BULCOTE, NOTTINGHAM, NG14 5HB - £340,000

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

9 THE LEAS is a large detached house of 156m², built sometime between 1983 and 1990. It was last sold for £340,000 in March 2019, which was around 31% above the average March 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

9 THE LEAS Sold Prices

Land registry data shows three sales for 9 THE LEAS 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 THE LEAS 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
2019 26 MAR	£340,000	£259,979	31% above HPI
2010 27 AUG	£235,000	£212,696	10% above HPI
1995 30 JAN	£97,000	£66,852	45% above HPI

9 THE LEAS 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 THE LEAS sales between January 1995 and March 2019 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 2010 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2019 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 9 THE LEAS?

9 THE LEAS is 156m² according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of detached houses in Bulcote, based on EPC data. The below chart shows the distribution of detached houses by size in Bulcote, and where 9 THE LEAS lies on this distribution: 62% of detached houses are smaller than 9 THE LEAS, and 38% of houses are larger. Note that EPC data is not available for all properties in Bulcote.

9 THE LEAS: Plot and Title Map

9 THE LEAS sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 9 THE LEAS, 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 THE LEAS). 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 THE LEAS?

9 THE LEAS is located in BULCOTE, in the NG14 postcode district. The below map shows the position of No. 9 on THE LEAS.