BEVERLEY, MAIN STREET, SOUTH MUSKHAM, NEWARK, NG23 6EE - £181,000

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.

BEVERLEY is a small extended detached house of 93m², which could now be worth an estimated £297,087. It was last sold for £181,000 in November 2012, which was around 16% below the average November 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

BEVERLEY Sold Prices

Land registry data shows three sales for BEVERLEY 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 BEVERLEY 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
2012 9 NOV	£181,000	£216,343	16% below HPI
2009 27 NOV	£165,000	£212,402	22% below HPI
1999 6 AUG	£76,500	£91,467	16% below HPI

BEVERLEY 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 BEVERLEY sales between August 1999 and November 2012 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 November 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2012 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might BEVERLEY be worth now?

BEVERLEY might now be worth an estimated £297,087.

This is based on house price inflation of 64.1%, between November 2012 and March 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.1% inflationary increase is applied to the most recent sale price for BEVERLEY of £181,000 on 9th November 2012. For the value to have increased from £181,000 to £297,087 over the thirteen years and eight months to March 2025, the following assumptions must hold true:

• The value of BEVERLEY has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2012 sale price of £181,000 represented a fair market value for the property.
• The size, condition, and specification of BEVERLEY has not materially changed since November 2012.

How Large is BEVERLEY?

BEVERLEY is 93m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of detached houses houses in South Muskham, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Muskham, and where BEVERLEY lies on this distribution: 26% of detached houses houses are smaller than BEVERLEY, and 74% of houses are larger. Note that EPC data is not available for all properties in South Muskham.

BEVERLEY: Plot and Title Map

BEVERLEY sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of BEVERLEY, 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 BEVERLEY). 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 BEVERLEY?

BEVERLEY is located on MAIN STREET in SOUTH MUSKHAM, in the NG23 postcode district. The below map shows the position of BEVERLEY on MAIN STREET.