CROSSROAD BUNGALOW, PRIESTGATE, EAST MARKHAM, NEWARK, NG22 0QT - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CROSSROAD BUNGALOW is a midsized extended detached house of 156m², built sometime between 1991 and 1995. It was last sold for £295,000 in January 2024, which was around 5% above the average January 2024 detached price in the Bassetlaw local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

CROSSROAD BUNGALOW Sold Prices

Land registry data shows two sales for CROSSROAD BUNGALOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. Both of the two CROSSROAD BUNGALOW 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
2024 12 JAN	£295,000	£281,592	5% above HPI
2021 17 SEP	£272,400	£258,961	5% above HPI

CROSSROAD BUNGALOW 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 two CROSSROAD BUNGALOW sales from September 2021 and January 2024 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 2021 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2024 sale, which was also at 5% above the HPI.

How Large is CROSSROAD BUNGALOW?

CROSSROAD BUNGALOW is 156m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses in East Markham, based on EPC data. The below chart shows the distribution of detached houses by size in East Markham, and where CROSSROAD BUNGALOW lies on this distribution: 44% of detached houses are smaller than CROSSROAD BUNGALOW, and 55% of houses are larger. Note that EPC data is not available for all properties in East Markham.

CROSSROAD BUNGALOW: Plot and Title Map

CROSSROAD BUNGALOW sits on a plot of roughly 0.199 of an acre, or 803m². The below map shows the location of CROSSROAD BUNGALOW, 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 CROSSROAD BUNGALOW). 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 CROSSROAD BUNGALOW?

CROSSROAD BUNGALOW is located on PRIESTGATE in EAST MARKHAM, in the NG22 postcode district. The below map shows the position of CROSSROAD BUNGALOW on PRIESTGATE.