CLEE BARN, NORWELL LANE, CROMWELL, NEWARK, NG23 6JQ - £370,000

CLEE BARN is a very large detached house of 234m², built sometime between 1991 and 1995. It was last sold for £370,000 in October 2015, which was around 55% above the average October 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was D.

CLEE BARN Sold Prices

Land registry data shows three sales for CLEE BARN 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 CLEE BARN 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
2015 23 OCT	£370,000	£239,424	55% above HPI
2009 2 SEP	£368,500	£200,370	84% above HPI
2005 4 MAY	£307,500	£204,360	50% above HPI

CLEE BARN 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 CLEE BARN sales between May 2005 and October 2015 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 September 2009 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the October 2015 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is CLEE BARN?

CLEE BARN is 234m² according to the EPC inspection conducted in November 2008. This puts it in the largest 10% of detached houses in Cromwell, based on EPC data. The below chart shows the distribution of detached houses by size in Cromwell, and where CLEE BARN lies on this distribution: 92% of detached houses are smaller than CLEE BARN, and 8% of houses are larger. Note that EPC data is not available for all properties in Cromwell.

CLEE BARN: Plot and Title Map

CLEE BARN sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of CLEE BARN, 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 CLEE BARN). 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 CLEE BARN?

CLEE BARN is located on NORWELL LANE in CROMWELL, in the NG23 postcode district. The below map shows the position of CLEE BARN on NORWELL LANE.