DOVECOTE, TOP STREET, ELSTON, NEWARK, NG23 5NP - £234,500

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.

DOVECOTE is a midsized extended detached house of 147m², built sometime from 2007 onwards, which could now be worth an estimated £345,433. It was last sold for £234,500 in September 2007, which was around 2% below the average September 2007 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was A.

DOVECOTE Sold Prices

Land registry data shows two sales for DOVECOTE 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 DOVECOTE 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
2007 11 SEP	£234,500	£238,953	2% below HPI
2005 9 DEC	£120,000	£216,514	45% below HPI

DOVECOTE 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 DOVECOTE sales from December 2005 and September 2007 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 December 2005 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2007 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might DOVECOTE be worth now?

DOVECOTE might now be worth an estimated £345,433.

This is based on house price inflation of 47.3%, between September 2007 and February 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 47.3% inflationary increase is applied to the most recent sale price for DOVECOTE of £234,500 on 11th September 2007. For the value to have increased from £234,500 to £345,433 over the eighteen years and seven months to February 2025, the following assumptions must hold true:

• The value of DOVECOTE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2007 sale price of £234,500 represented a fair market value for the property.
• The size, condition, and specification of DOVECOTE has not materially changed since September 2007.

How Large is DOVECOTE?

DOVECOTE is 147m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 50% of detached houses houses in Elston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elston, and where DOVECOTE lies on this distribution: 50% of detached houses houses are smaller than DOVECOTE, and 49% of houses are larger. Note that EPC data is not available for all properties in Elston.

DOVECOTE: Plot and Title Map

DOVECOTE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of DOVECOTE, 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 DOVECOTE). 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 DOVECOTE?

DOVECOTE is located on TOP STREET in ELSTON, in the NG23 postcode district. The below map shows the position of DOVECOTE on TOP STREET.