BIRCHWOOD, PADDOCK CLOSE, EDWINSTOWE, MANSFIELD, NG21 9LP - £310,000

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

BIRCHWOOD is a very large detached house of 187m², built sometime between 1996 and 2002. It was last sold for £310,000 in March 2014, which was around 50% above the average March 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

BIRCHWOOD Sold Prices

Land registry data shows two sales for BIRCHWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. One of the two BIRCHWOOD sales was for above the average price, whilst the other 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
2014 5 MAR	£310,000	£207,067	50% above HPI
1996 21 JUN	£33,500	£73,188	54% below HPI

BIRCHWOOD 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 two BIRCHWOOD sales from June 1996 and March 2014 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 June 1996 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the March 2014 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is BIRCHWOOD?

BIRCHWOOD is 187m² according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in Edwinstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Edwinstowe, and where BIRCHWOOD lies on this distribution: 89% of detached houses are smaller than BIRCHWOOD, and 11% of houses are larger. Note that EPC data is not available for all properties in Edwinstowe.

BIRCHWOOD: Plot and Title Map

BIRCHWOOD sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of BIRCHWOOD, 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 BIRCHWOOD). 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 BIRCHWOOD?

BIRCHWOOD is located on PADDOCK CLOSE in EDWINSTOWE, in the NG21 postcode district. The below map shows the position of BIRCHWOOD on PADDOCK CLOSE.