ACER HOUSE, HIGH STREET, EAST MARKHAM, NEWARK, NG22 0RE - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ACER HOUSE is a very small detached house of 109m², which could now be worth an estimated £359,955. It was last sold for £270,000 in March 2020, which was around 15% above the average March 2020 detached price in the Bassetlaw local authority area. The most recent EPC inspection was March 2013, where the current energy rating was B, and the potential energy rating was B.

ACER HOUSE Sold Prices

Land registry data shows three sales for ACER HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the three ACER HOUSE 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
2020 16 MAR	£270,000	£234,567	15% above HPI
2020 7 FEB	£265,000	£237,685	11% above HPI
2014 10 JAN	£220,000	£177,300	24% above HPI

ACER HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The three ACER HOUSE sales between January 2014 and March 2020 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 February 2020 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2020 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might ACER HOUSE be worth now?

ACER HOUSE might now be worth an estimated £359,955.

This is based on house price inflation of 33.3%, between March 2020 and February 2025, for detached houses, in the Bassetlaw local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.3% inflationary increase is applied to the most recent sale price for ACER HOUSE of £270,000 on 16th March 2020. For the value to have increased from £270,000 to £359,955 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of ACER HOUSE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The March 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of ACER HOUSE has not materially changed since March 2020.

How Large is ACER HOUSE?

ACER HOUSE is 109m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses houses in East Markham, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Markham, and where ACER HOUSE lies on this distribution: 17% of detached houses houses are smaller than ACER HOUSE, and 83% of houses are larger. Note that EPC data is not available for all properties in East Markham.

ACER HOUSE: Plot and Title Map

ACER HOUSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of ACER HOUSE, 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 ACER HOUSE). 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 ACER HOUSE?

ACER HOUSE is located on HIGH STREET in EAST MARKHAM, in the NG22 postcode district. The below map shows the position of ACER HOUSE on HIGH STREET.