BLUE HAZE, MAIN STREET, EAKRING, NEWARK, NG22 0DD - £490,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BLUE HAZE is a large extended detached house of 194m², built sometime between 1900 and 1929, which could now be worth an estimated £575,776. It was last sold for £490,000 in June 2021, which was around 60% above the average June 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

BLUE HAZE Sold Prices

Land registry data shows two sales for BLUE HAZE 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. Both of the two BLUE HAZE 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
2021 28 JUN	£490,000	£305,542	60% above HPI
2001 2 FEB	£182,500	£101,417	80% above HPI

BLUE HAZE 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 BLUE HAZE sales from February 2001 and June 2021 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 2001 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the June 2021 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might BLUE HAZE be worth now?

BLUE HAZE might now be worth an estimated £575,776.

This is based on house price inflation of 17.5%, between June 2021 and December 2024, 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 17.5% inflationary increase is applied to the most recent sale price for BLUE HAZE of £490,000 on 28th June 2021. For the value to have increased from £490,000 to £575,776 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of BLUE HAZE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2021 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of BLUE HAZE has not materially changed since June 2021.

How Large is BLUE HAZE?

BLUE HAZE is 194m², which includes three extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 30% of detached houses houses in Eakring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eakring, and where BLUE HAZE lies on this distribution: 73% of detached houses houses are smaller than BLUE HAZE, and 24% of houses are larger. Note that EPC data is not available for all properties in Eakring.

BLUE HAZE: Plot and Title Map

BLUE HAZE sits on a plot of roughly 0.331 of an acre, or 1,338m². The below map shows the location of BLUE HAZE, 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 BLUE HAZE). 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 BLUE HAZE?

BLUE HAZE is located on MAIN STREET in EAKRING, in the NG22 postcode district. The below map shows the position of BLUE HAZE on MAIN STREET.